This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability … responsible for the latest wave. The impact of merger activities on profitability and employment growth are studied by using the … and employment. A brief survey of previous merger waves and an analysis of the recent one give support to the hypothesis …

phenomena, attention is paid to the role of profitability as a driver of productivity and investment and global hegemony as a … driver of international resource transfers. Particular attention is paid to an empirical analysis of the profitability of the … US corporate non-financial sector and the existence of a secular decline in profitability since the mid-1960s interrupted …