Dans ce document, nous cherchions a savoir si ce sont les synergies ou la discipline de gestion qui opere differemment sur les grandes et les petites usines pour influer sur la probabilite qu'ait lieu des fusions. Les resultats indiquent que les caracteristiques qui fournissent le genre de...

This paper asks whether synergies or managerial discipline operates in different ways across small versus large plants to affect the likelihood of mergers. Our findings indicate that those characteristics which provide the type of synergies upon which ownership changes rely are important factors...

Le present document examine les caracteristiques des usines du secteur de la fabrication qui connaissent des changements de propriete, afin de mieux comprendre les causes sous-jacentes des fusions et des acquisitions. Des etudes canadiennes anterieures (Baldwin, 1995; Baldwin et Caves, 1991)...

This paper examines the characteristics of plants in the manufacturing sector undergoing changes in ownership to further our understanding of the underlying causes of mergers and acquisitions. Previous Canadian studies (Baldwin 1995; Baldwin and Caves 1991) compare the performance of merged plants...