also suggest that the sorting effect of incentives in the previous companies impact cooperation and efficiency after the … with managers from companies with different incentives, work habits and recruiting methods. In this paper, we investigate …, which occur in both compensation incentives and team composition. The results of a real effort experiment conducted with …

) as advisors in mergers. However, this choice weakens any certification effect and creates a potential conflict of …

mergers difficult. Mergers that should occur in equilibrium do not, since they require an unequal split of surplus. …

This paper studies the interaction between the incentives for predation and mergers. I show that the incentive for …-riding problem associated with mergers, and second, destructive predation helps firms avoid the bidding competition. It is also shown … that a restrictive merger policy may be counterproductive, since it may increase the incentives for predation by helping …

This paper develops an empirical method to identify the price effects of simultaneous mergers and to separate the … pairs in order to estimate separate effects for each type of firms affected by the mergers. We apply this method to provide … an ex post evaluation of two almost simultaneous mergers in the Hungarian retail gasoline market. We show that both …

We show that for a spatially differentiated economy reduced product variety is the likely outcome of mergers except in …

deregulation process. We find that once the geographic deregulation process finishes, inter-regional mergers between savings banks … will be mergers between savings and commercial banks. …