This paper examines the impact of vertical integration on the dynamics of performance over the automobile product development life cycle. Building on recent work in organizational economics and strategy, we evaluate the relationship between vertical integration and different dimensions of...

Part I -- Chapter 1. Framing the Institutional Complexity of Public Administration: Coexisting Performance Regimes in Contemporary Governance -- Chapter 2. Dynamic Performance Management: A Methodological Framework to Enhance Public Value-driven Performance Regimes -- Part II -- Chapter 3....

Purpose Healthcare property has become an important alternate property sector in recent years for many international institutional investors. The purpose of this paper is to assess the risk-adjusted performance, portfolio diversification benefits and performance dynamics of French healthcare...

This dissertation examines the wealth effects of bank mergers onbidder, target, and combined firm shareholders for a sample of785 mergers during the period 1980-2000. The dissertationemploys two unique bank event study methodologies to calculateabnormal returns for bidder, target and combined...

This paper suggests a motive for bank mergers that goes beyond alleged and typically unverifiable scale economies: preemtive resolution of banks' financial distress. Such "distress mergers" can be a significant motivation for mergers because they can foster reorganizations, realize...

The recent decline in the Federal Reserve's check volumes has received a lot of attention. Although switching to electronic payments methods and electronic checkprocessing has been credited for much of that decline, some of it could be caused by changes following bank mergers involving Federal...

In this paper, we examine the impact of mergers among German savings banks on the extent to which these savings banks engage in small business lending. The ongoing consolidation in the banking industry has sparked concerns about the continuous availability of credit to small businesses which has...

Heterogenous banking supervision and regulation is often considered as the most important impediment for Pan-European Bank mergers. In this paper we identify other more fundamental reasons for a limited degree of cross-country integration in retail banking. We argue that the distribution of...

Since the early 1990s an unprecedented process of consolidation has taken place in the banking sector in most industrialised countries raising concern of policymakers that it may reduce access to credit for the small business sector. While most of the existing empirical studies have focused on...