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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
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
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
A proper security architecture is an essential part of implementing robust and reliable networked applications. Security patterns have shown how reoccurring problems can be best solved with proven solutions. However, while they are critical for ensuring the confidentiality, integrity and...
Persistent link: https://www.econbiz.de/10009441305
In this paper, we develop a model of regulation for a set of heterogenous farmers whose production yields to environmental externalities. The goal of the regulator is first to offer some income support depending on collective preferences towards income redistribution and second to internalize...
Persistent link: https://www.econbiz.de/10009443279
The average investor reaction is neutral to primary offerings by firms with managerial incentives closely tied to the shareholder value. Investors react negatively (1) when there are insufficient managerial ownership stakes to deter misuse of SEO proceeds and (2) when there are negative signals...
Persistent link: https://www.econbiz.de/10009476931
Sourcing, once seen as a tactical function of vertically integrated firms, has today become strategic for firms that now rely on extensive, vertically disintegrated supply chains. Vertical disintegration leads to complex relationships within a supply chain; for example, dependence between firms...
Persistent link: https://www.econbiz.de/10009477338
In the extant supply-risk management literature, most research assumes the manufacturer is as knowledgeable about supply disruption risk as its suppliers. In practice, however, a supplier often has better information about its likelihood of experiencing a disruption than the manufacturer it...
Persistent link: https://www.econbiz.de/10009477412
This paper analyzes a unit-contingent power purchase agreement between an electricity distributor and a power plant. Under such a contract the distributor pays the plant a fixed price if the plant is operational and nothing if plant outage occurs. Pricing a unit-contingent contract is...
Persistent link: https://www.econbiz.de/10009477570