-holder control) have an economically and statistically significant impact on operating performance changes following mergers. We also …

breakdowns with the three years afterwards. Second, for the subset of horizontal mergers, merger activity is found to increase … should consider mergers as potential 'second-best' alternative to cartels but also imply that resource (re)allocations in …

operate independently. We investigate the interaction between optimal patent regimes and cross-border mergers in a North …-South framework. In this scenario, we show that forming cross-border mergers increase welfare and reduce the optimal patent length in … both regions by reducing competition in the Southern market. As a result, world welfare under mergers Pareto-dominate both …

predictions are broadly consistent with existing empirical evidence on conglomerate mergers, spin-offs, project finance, and …

potential amalgamation pairs is created and used in a logit analysis of the determinants of mergers. Bank involvement with firms … increased the probability that a particular merger occurred. Furthermore mergers with bank involvement did not increase the …

associated with mergers. The acquisitions launched by overconfident managers are associated with lower market value. … market-nurtured managers are prone to engage in value-destructive mergers. The inclination is further reinforced by abundant … internal cash. In contrast, a good governance structure mitigates the odds of engaging in mergers and the detrimental effect …

Mergers are transactions often used as growth strategies by companies that are trying to gain a competitive advantage …, or in order to fulfil their objectives. In this period, marked by uncertainty and risk, mergers can be an effective way … mergers in recent years, this article tries to offer a theoretical approach on mergers, with a highlight on the conceptual …