The challenge of effective merger enforcement is tremendous. U.S. antitrust agencies must, by statute, quickly forecast … estimating the price effects of mergers. We also describe how evidence from merger retrospectives can be used to evaluate the …

method of analyzing the DD for banks that experience a merger, and to apply the method to the Japanese banking data. Our … value from the merger. A merger of sound (unsound) banks produced a sound (unsound, respectively) merged financial … institution; and (2) In some cases, a merged bank experienced a negative DD right after the merger. The findings are consistent …

dramatically affected profitability of these goods, and raised concerns for future development of socially valuable digital …

profitability of momentum-related asset pricing factors. Before the reform, funds pursuing the same investment style had correlated … reform happened. We estimate that the reform explains 25%-50% of the long-term profitability drop in momentum-related factors …

Privatization has been shown to increase growth and profitability of public firms. However, effects on consumers are … operators may improve hospitals' financial performance, but a focus on profitability may adversely affect access to care for …-2018 period. Private operators improve profitability so that hospitals generate a modest surplus, primarily by increasing mean …