Worldwide, the overwhelming majority of large horizontal mergers are cleared by antitrust authorities unconditionally. The presumption seems to be that efficiencies from these mergers are sizeable. We calculate the compensating efficiencies that would prevent a merger from harming consumers for...

Wegen fehlender amtlicher Statistiken schätzt das IfM Bonn seit Mitte der 1990er Jahre die Anzahl der Unternehmen in Deutschland, die vor der Übergabe stehen. Die vorliegende Schätzung kommt zum Ergebnis, dass im Zeitraum 2022 bis 2026 etwa 190.000 Unternehmen zur Übergabe anstehen. Die...

Worldwide, the overwhelming majority of large horizontal mergers are cleared by antitrust authorities unconditionally. The presumption seems to be that efficiencies from these mergers are sizeable. We calculate the compensating efficiencies that would prevent a merger from harming consumers for...

In this paper, we summarize the economic literature on non-price effects of mergers and acquisitions (M&As). Specifically, we discuss the effects of M&As on innovation, product variety, and sustainability. Although the relationship is theoretically ambiguous, the vast majority of ex-post...

The main aim of the study is to examine the differences in the use of the marketing tools in the management of small and medium-sized enterprises in the Visegrád Group (V4) countries. The research was carried out via questionnaires, which were distributed to small and medium-sized firms in...

This study investigates the many facets of sustainability and digital transformation in business in the context of the fair transition, which will generate multiple challenges and opportunities for companies in various industries. In such a context, a solution to increase resilience and adapt to...

In this paper, we characterize the geography of Colombian exporting clusters and analyze how the COVID-19 crisis has affected Colombian exporters. We contribute to the industrial clusters literature by defining exporting clusters with bipartite network analysis and community detection tools. The...

Climate change related risks impact and challenge the private sector in many different ways. This also applies to risk drivers like a companies' reputation and a changing consumer behavior. Since significant risk drivers for companies differ just as much as companies themselves, a sector...