Showing 81 - 90 of 148,940
information about suitable merger targets and to manage the merged corporation in case of an acquisition. Our results show that … high-powered incentives and, hence, a high personal income at the merger-management stage. We derive conditions under which …
Persistent link: https://www.econbiz.de/10010340013
information about suitable merger targets and to manage the merged corporation in case of an acquisition. Our results show that … obtain high-powered incentives and, hence, a high personal income at the merger-management stage. We derive conditions under …
Persistent link: https://www.econbiz.de/10010198514
We analyze a large merger in the Dutch banking market during the financial crisis using disaggregated data. Based on a … merger simulation model, we evaluate merger-induced changes in the interest rates for savings accounts. We find that the …
Persistent link: https://www.econbiz.de/10012859676
We investigate the trade-off between financial stability and competition policy by focusing on the merger of ABN AMRO … and Fortis Bank NL in the Dutch retail banking market. The financial crisis delayed the completion of the merger giving … the first to apply merger simulation methods in the context of banking using disaggregated data. …
Persistent link: https://www.econbiz.de/10012268034
We analyze a large merger in the Dutch banking market during the financial crisis using disaggregated data. Based on a … merger simulation model, we evaluate merger-induced changes in the interest rates for savings accounts. We find that the …
Persistent link: https://www.econbiz.de/10012118754
The most recent financial crisis has spurred a number of mergers and acquisitions in the financial industry, specifically banks. This study examines the hypothesis that mergers and acquisitions did not produce better performing institutions and industries during the 2006 to 2008 period. Data...
Persistent link: https://www.econbiz.de/10013106270
acquirer's executives to fill “cookie jars” ready to inflate earnings in the years after merger. After takeover, modern … contracts relating pay to accounting profit.Ahead of takeover, prospective acquirers can flatter their earnings record in order … to secure the support of investors for stock-for-stock deals. During takeover, accounting devices are available to the …
Persistent link: https://www.econbiz.de/10013071332
post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal … between differentiated varieties. After a merger, acquirers drop products from their consolidated domestic product portfolio … and reallocate assets towards core varieties. We further demonstrate that such merger-induced efficiency gains imply …
Persistent link: https://www.econbiz.de/10013186438
post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal … between differentiated varieties. After a merger, acquirers drop products from their consolidated domestic product portfolio … and reallocate assets towards core varieties. We further demonstrate that such merger-induced efficiency gains imply …
Persistent link: https://www.econbiz.de/10013194397
Previous work on exit in declining industries has neglected mergers. We examine a simple model that predicts which declining industries experience horizontal mergers. Mergers are more likely if 1) market concentration is high; 2) the inverse demand curve is steep at high levels of output and...
Persistent link: https://www.econbiz.de/10011569023