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This paper evaluates the valuation accuracy of the price-earnings (P/E), the price-book (P/B) and a combined price-earnings and price-book (P/E-P/B) benchmark valuation methods. Performance of the benchmark valuation methods relies on the definition of comparable firms. In this paper, comparable...
Persistent link: https://www.econbiz.de/10009441754
twocounterfactual analyses. First, I consider a hypothetical merger of twochains and find that the merger would decrease the number of …
Persistent link: https://www.econbiz.de/10009435140
the slaughterhouses of bovine meat, and to verify if the merger, in order to get scale economies, can always imply in … welfare of the society. The methodology was applied for two types of merger: merging enters the two companies with lesser …
Persistent link: https://www.econbiz.de/10009446749
century. They present a company with a potentially larger market share and open it up to a more diversified market. A merger … mergers and acquisitions have the capacity to decrease competition in various ways.The merger between JP Morgan Chase and Bank … retail banking markets and clientele in the regions where its previous exposure had been virtually inexistent. The merger …
Persistent link: https://www.econbiz.de/10009463614
In a merger, a stockholder often has a statutory right of dissent and appraisal under which the stockholder may demand … to be paid fair value exclusive of any gain or loss that may arise from the merger itself. Most courts and commentators … minority stockholder is thus entitled to a share of the control value of the corporation even though the merger does not …
Persistent link: https://www.econbiz.de/10009432052
A variety of research projects have been done on some aspect of Search Engine Optimisation (SEO) and on website usability. At the same time the literature has indicated that SEO is crucial as a marketing channel to exploit the Internet's commercial potential. In addition, it has been discovered...
Persistent link: https://www.econbiz.de/10009447183
As networks improve and new services emerge, questions arise that affect service deployments and network choices. The Internet is arguably a successful example of a network shared by many services. However, combining heterogeneous services on the same network need not always be the right answer,...
Persistent link: https://www.econbiz.de/10009438861
This dissertation contains three essays that can be read independently. The first chapter examines how a debt crisis can occur and persist as a result of unanticipated, transitory, real interest rate and commodity price shocks. Using an optimal stopping framework, the debtor country's optimal...
Persistent link: https://www.econbiz.de/10009439095
equilibrium theory. Consider, for instance, the case of the efficiency of forward exchange rates vis-a-vis spot rates. Depending …
Persistent link: https://www.econbiz.de/10009441845
This study is an empirical analysis of household expenditure behavior using the Linear and Quadratic Expenditure Systems. The expenditure systems are estimated using data collected in 1972 by the Departmento Administrativo Nacional de Estadisticas (DANE) of Bogota, Colombia. The Linear...
Persistent link: https://www.econbiz.de/10009441861