takeoverbids: Takeover Bids data set
In mpcmp: Mean-Parametrized Conway-Maxwell Poisson (COM-Poisson) Regression

Description Usage Format Source References Examples

This data set gives the number of bids received by 126 US firms that were successful targets of tender offers during the period 1978–1985, along with some explanatory variables on the defensive actions taken by management of target firm, firm-specific characteristics and intervention taken by federal regulators. The takeoverbids data frame has 126 observations on 14 variables. The descriptions below are taken from Sáez-Castillo and Conde-Sánchez (2013).

1	data(takeoverbids)

A data frame with 126 observations on 14 variables.

bidprem: bid price divided by price 14 working days before bid
docno: doc no
finrest: indicator variable for proposed change in ownership structure
insthold: percentage of stock held by institutions
leglrest: indicator variable for legal defence by lawsuit
numbids: number of bids received after the initial bid
obs: Identifier
rearest: indicator variable for proposed changes in asset structure
regulatn: indicator variable for Department of Justice intervention
size: total book value of assets in billions of dollars
takeover: Indicator. 1 if the company was being taken over
weeks: time in weeks between the initial and final offers
whtknght: indicator variable for management invitation for friendly third-party bid
sizesq: book value squared

Journal of Applied Econometrics data archive: http://qed.econ.queensu.ca/jae/.

Cameron, A.C. and Johansson, P. (1997). Count Data Regression Models using Series Expansions: with Applications. Journal of Applied Econometrics 12 203–223.

Cameron, A.C. and Trivedi P.K. (1998). Regression analysis of count data, Cambridge University Press, http://cameron.econ.ucdavis.edu/racd/racddata.html chapter 5.

Croissant Y (2011) Ecdat: Datasets for econometrics, R Package, version 0.1-6.1.

Jaggia, S. and Thosar, S. (1993). Multiple Bids as a Consequence of Target Management Resistance Review of Quantitative Finance and Accounting 3, 447–457.

### Huang (2017) Page 371--372: Underdispersed Takeover Bids data
data(takeoverbids)
M.bids <- glm.cmp(numbids ~ leglrest + rearest + finrest + whtknght
    + bidprem + insthold + size + sizesq + regulatn, data=takeoverbids)
M.bids
summary(M.bids)
plot(M.bids) #or autoplot(M.bids)