Showing 1 - 10 of 433
This paper studies the impact of technological change and regulatory competition on governmental efforts to generate rents for banks in two stylized regulatory environments. In the first environment, incentive-conflicted regulators attempt to create rents by restricting the size and scope of...
Persistent link: https://www.econbiz.de/10012471631
In this paper we review issues relating to antitrust and competition in health care markets. The paper begins with a brief review of antitrust legislation. We then discuss whether and how health care is different from other industries in ways that might affect the optimality of competition. The...
Persistent link: https://www.econbiz.de/10012471682
Free entry into markets with decreasing average costs and differentiated products can result in an inefficient number of firms and suboptimal product variety. Because new firms and products draw their customers in part from existing products, concentration can affect incentives to enter as well...
Persistent link: https://www.econbiz.de/10012471716
We examine the effects of bank merger and local market characteristics on local small business lending. Mergers … number of small firms. Post-merger activity supports banks expanding on their acquisition strategy decisions. The findings …
Persistent link: https://www.econbiz.de/10012629504
Inducing firms to make specialized investments through bilateral contracts can be challenging because of potential hold- up problems. Such contracting difficulties have long been argued to be an important reason for acquisitions. To evaluate the extent to which this motivation leads to mergers,...
Persistent link: https://www.econbiz.de/10012616622
research in the areas of collusion and merger enforcement. Research relating to both collusion and mergers has made significant …-based measurement) and theoretical work in advancing our understanding of collusive and merger-related phenomena …
Persistent link: https://www.econbiz.de/10012616623
Despite the continuing US hospital merger wave, it remains unclear how mergers change, or fail to change, hospital … behavior and performance. We open the "black box" of hospital practices through a mega-merger between two for-profit chains …. Benchmarking the merger's effects against the acquirer's stated aims, we show they achieved some of their goals, harmonizing …
Persistent link: https://www.econbiz.de/10012696358
, we present a method for measuring undisclosed merger activity that relies on financial accounting reporting requirements …
Persistent link: https://www.econbiz.de/10012814430
that the tax losses and credits of acquired firms likewise exerted no impact on merger activity. Though the use of such …
Persistent link: https://www.econbiz.de/10012476878
One motive that is often cited for merger activity is the avoidance of federal income taxes by corporations and their … shareholders. Yet there is little empirical evidence on the tax consequences of merger activity, or on the postmerger effects on …
Persistent link: https://www.econbiz.de/10012477221