Grenzüberschreitende Umstrukturierungen wurden bislang unter Nutzung traditionellerStrukturmodelle als Übernahmen oder Zusammenschluss zwischen Gleichen mitöffentlichen Erwerbsangeboten gegen bar oder Aktien vollzogen. Eine grenzüberschreitendeVerschmelzung im rechtstechnischen Sinne war...

This paper makes a case for the future development of European corporate law throughregulatory competition rather than EC legislation. It is for the first time becoming legallypossible for firms within the EU to select the national company law that they wish togovern their activities. A...

This exploratory paper investigates why some companies appear to find successful business relationshipsrelatively effortless. It seems that the organisation’s search for and utilisation of key resources canguarantee its success in the market place. The paper incorporates a critique of...

Mit der vorliegenden Studie wird untersucht, ob grosse WBG in einer langfristigen Sicht ökonomisch vorteilhafter sind als kleine. Das Ziel dieser Arbeit ist, ökonomische Vorteile von WBG-Fusionen zu messen und deren monetären oder qalitativen Wert aufzuzeigen. Anhand von Analysen und...

Several top deals already closed, a still highly fragmented industry and strong pressure for furtherconsolidation following the financial crisis – renewable energy certainly has become a red-hot topic inM&A. Surveying 220 companies in the solar photovoltaic, utility and financial sector as...

Large companies are usually organized into business units, yet some activitiesare almost always centralized in a company-wide functional unit. We firstshow that organizations endogenously create an incentive conflict between functionalmanagers (who desire excessive standardization) and...

Der vorliegende Artikel beschäftigt sich mit der Rolle der Informationstechnologie bei Firmenzusammenschlüssen. Gerade im Zug der Neuorndung von Unternehmen gewinnt diese immer mehr an Bedeutung.

Technological change is often hypothesized as one of the main drivers of mergeractivities. This paper analyzes the role of technology in mergers and acquisitions(M&As) at the firm level. Based on a newly created data set that combines financialinformation and patent data for public limited...

Carve out projects have recently become an emerging issue in practice and theory given the diversityof strategic foci of companies as well as recent merger and acquisition activities of firms. This paperhighlights the relevance of IT in such carve out projects. IT depicts their characteristics...