Showing 2,281 - 2,290 of 2,377
often a result of acquisitions, mergers and take-overs, which are a consequence of external growth. …
Persistent link: https://www.econbiz.de/10010782805
This paper examines reasons for alliance formation between private equity bidders when compared to sole-sponsored private equity deals. Testing a comprehensive set of hypotheses, we find strong evidence for the relative-risk hypothesis of Robinson (2008), as private bidders are more likely to...
Persistent link: https://www.econbiz.de/10010785002
price effects of mergers or changes in marginal costs, extend naturally to this more complex setting. …
Persistent link: https://www.econbiz.de/10010785025
We study the effect of a merger in a dynamic high-technology industry-the videogame market- which is characterized by frequent introduction of new products. To assess the impact of the merger between two large specialist retailers in the UK, we perform a difference-in-differences analysis...
Persistent link: https://www.econbiz.de/10010698826
We examine the informational effects of M&As by investigating whether bank mergers improve banks’ ability to screen … imperfectly, we find evidence of these informational improvements. Mergers lead to a closer correspondence between interest rates …
Persistent link: https://www.econbiz.de/10005662112
This Paper examines the impact of mergers and acquisitions on the remuneration of the CEOs in a large unbalanced panel … generated by the growth in firm size consequent upon the merger. This is consistent with the view that mergers reveal … size-reducing divestments. When mergers are distinguished by their impact on shareholder wealth we find that CEOs engaging …
Persistent link: https://www.econbiz.de/10005662202
Persistent link: https://www.econbiz.de/10005663856
Persistent link: https://www.econbiz.de/10005664309
We provide a simple framework for analysing how organizations are designed in a competitive economy. We focus on the allocation of rights of control and show that in the presence of liquidity constraints, transferring authority can serve as an effective means of transferring surplus, although...
Persistent link: https://www.econbiz.de/10005666779
The Paper addresses the issue of coordinated effects of mergers in the framework of a differentiated products model …, mergers are unprofitable unless the length of product lines is very asymmetric. We discuss the implications of the analysis …
Persistent link: https://www.econbiz.de/10005667006