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Consider a Case in Which Existing Shareholders Do Not Have

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Consider a case in which existing shareholders do not have to invest time and effort, but still participate in the gains from a takeover, while the bidder who puts in the time and effort is forced to give up substantial profits. This situation is called ________.


Definitions:

Psychoanalytic

A psychological perspective emphasizing the importance of unconscious processes and childhood experiences in shaping behavior and personality.

Internal

Existing or situated within something; inside.

Stable

Having a firm, steady state or condition that is resistant to change or disorder.

Global Explanations

Broad, generalized reasons or explanations for events or behaviors that extend beyond specific instances to form a general outlook.

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