Showing 1 - 7 of 7
share of sales from product innovations is not significantly affected by a foreign takeover for a given amount of innovation …
Persistent link: https://www.econbiz.de/10010264721
set of industries. We exploit expert market definitions from the European Commission's merger decisions to identify … particularly pronounced in markets with few players, high initial markups and concentration. We also provide evidence that merger … rivals reduce their employment, sales and investment, while their profits increase around the time of a merger. …
Persistent link: https://www.econbiz.de/10012061918
data from the European Commission's market assessments in merger decisions with production data, we use recent … the performance of almost 600 rival firms in close to 200 merger cases before and after the change in market structure … increase their markups in the years after a merger. The effects are concentrated in markets with few competitors, among firms …
Persistent link: https://www.econbiz.de/10012099220
inputs and outputs. Results are mixed for outcomes related to variety and product quality. Literature on merger effects on … derive a number of ideas and options for merger policy. …
Persistent link: https://www.econbiz.de/10014313935
The welfare effects of private equity transactions are debated controversially. We analyze the impact of expansion financing and buyouts by private equity investors on investment of portfolio firms in the UK and France - two countries with different financial systems. Unobserved heterogeneity...
Persistent link: https://www.econbiz.de/10010265827
combines survey data for German firms with a merger and acquisition database. After a cross-border acquisition, investing firms …
Persistent link: https://www.econbiz.de/10010269979
This paper provides empirical evidence on the effects of cross-border M&As on investing firms' domestic performance in the U.K. and France. We build a new firm-level dataset that combines a global M&A database with balance sheet data for the years 2000-2007. Combining matching techniques with a...
Persistent link: https://www.econbiz.de/10010269996