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the relevance of borders has decreased over time. For the EU 15, we investigate the expected integration process of the … market for corporate control - an illustrative market for studying integration issues - over the period from 1995 to 2007 … introduction of the euro may have led to accelerated integration. However, thereafter we find no evidence for further progress …
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onthe transaction profile (horizontal vs. vertical and integration vs. disintegration) and industry. Onemain result is the …
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into four ideal-types according to the intensity of integration and the primary co-ordination mechanisms of the … duration and success rate of integration: (a) the medium integration duration in „loose“ mergers is shorter than in a complete … integration. (b) if the partners primarily co-ordinate on a personal level, the likelihood of success is higher than when at least …
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