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Organizational form and efficiency : an analysis of stock and mutual property-liability insurers

Cummins, John David; Weiss, Mary A.; Zi, Hongmin - 1998

Persistent link: https://www.econbiz.de/10000995940

Mergers, investment decisions and internal organisation

Banal-Estañol, Albert; Macho-Stadler, Inés; … - 2003

We analyse the effects of investment decisions and firms internal organisation on the efficiency and stability of horizontal mergers. In our framework economies of scale are endogenous and there might be internal conflict within merged firms. We show that often stable mergers do not lead to more...

Persistent link: https://www.econbiz.de/10011507904

The effect of organizational structure on efficiency : evidence from the Spanish insurance industry

Cummins, John David (contributor); … - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001899641

Mergers, investment decisions and internal organisation

Banal-Estañol, Albert; Macho-Stadler, Inés; … - 2003

We analyse the effects of investment decisions and firms' internal organisation on the efficiency and stability of horizontal mergers. In our framework economies of scale are endogenous and there might be internal conflict within merged firms. We show that often stable mergers do not lead to...