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manufacturing firms. often induced by hostile takeover threats, are accompanied by reduced investment of all kinds, particularly in …
Persistent link: https://www.econbiz.de/10012787373
after merger announcement, the passage of time is informative about the probability that the merger will ultimately complete …
Persistent link: https://www.econbiz.de/10013084725
Despite the fact that one-third of worldwide mergers involve firms from different countries, the vast majority of the academic literature on mergers studies domestic mergers. What little has been written about cross-border mergers has focused on public firms, usually from the United States. Yet,...
Persistent link: https://www.econbiz.de/10013158052
world. We find evidence of a strong positive association between VC investments and lagged M&A activity, consistent with the … engage in more deals. We also explore the effects of country-level pro-takeover legislation passed internationally (positive … post-law changes in VC activity. VC activity intensifies after enactment of country-level takeover friendly legislation and …
Persistent link: https://www.econbiz.de/10012941971
Handbook as a forceful argument in favor of a merger between the two disciplines rather than the acquisition of one by the … other; a merger which combines, notably, the detailed knowledge of historical sources, the capability of distilling complex …
Persistent link: https://www.econbiz.de/10014257164
Will an industry with no antitrust policy converge to monopoly, competition, or somewhere in between? We analyze this question using a dynamic dominant firm model with rational agents, endogenous mergers, and constant returns to scale production. We find that perfect competition and monopoly are...
Persistent link: https://www.econbiz.de/10014109128
merge and post-merger value creation and synergies? We compile comprehensive information on U.S. bank acquisitions from 1986 …
Persistent link: https://www.econbiz.de/10012954925
are robust to a range of approaches to address the endogeneity of firms' merger decisions …
Persistent link: https://www.econbiz.de/10012980667
. Third, capabilities are traded in a merger market. We address two questions: (1) what are the characteristics of firms that …
Persistent link: https://www.econbiz.de/10013224696
occurred in the 2 or 3 years before the takeover; after the takeover, employment recovered a bit, but not enough to offset the …
Persistent link: https://www.econbiz.de/10013225831