We analyze the optimal dynamic policy of an antitrust authority toward horizontal mergers when merger proposals are endogenous and occur over time. Approving a currently proposed merger may affect the profitability and welfare effects of potential future mergers, whose characteristics may not yet be known.
Nocke, Volker, Whinston, Michael D.
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Banka Satın Alma ve Birleşmelerine İlişkin Dünya Ölçeğinde Bir Araştırma
Küreselleşme finansal sistemin ana unsurunu oluşturan bankacılık sektörünü derinden etkileyerek, sınır ötesi birleşmelerin yaygınlaşması ile birlikte bankacılık sektörü açısından dünyanın büyük bir pazar haline dönüşmesini sağlamıştır.
Eşref Savaş Başcı, Tuncay Kellegöz
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Self-Consistent Theory of Halo Mergers [PDF]
The rate of merging of dark-matter halos is an absolutely essential ingredient for studies of both structure and galaxy formation. Remarkably, however, our quantitative understanding of the halo merger rate is still quite limited, and current analytic ...
Abramowitz +56 more
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Merger Remedies in a Small Market Economy: Empirical Evidence from the Baltic States
The paper represents a comparative study of the merger remedies practices of the three Baltic states: Estonia, Latvia and Lithuania. Based on comprehensive merger control data (2004-2011) and a comparative assessment of merger remedies imposed by the ...
Svetlicinii Alexandr, Lugenberg Külliki
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THE IMPORTANCE OF MULTINATIONAL COMPANIES (MNCs) AND SMALL AND MEDIUM SIZED ENTERPRISES' (SMEs') INTERNATIONALIZATION AS BUSINESS DRIVERS IN GLOBALIZATION AND SLOWBALIZATION: MUTUAL SURVIVAL AND GROWTH FOR BUSINESS VALUES [PDF]
This paper analyzes, describes the possibilities of business internationalization for both MNCs and SMEs to survive from competition, risks, restrictions and market tights for business values.
Anis BENABED
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Theory and practice in the use of merger remedies: Considering South African experience
There has been considerable debate internationally around the relative advantages and disadvantages of structural and behavioural remedies. In mergers which raise competition concerns, prohibition or divestiture may prevent merger efficiencies from being
Genna Robb, Avias Ngwenya
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Simple Scalar Model and Analysis for Large Amplitude Oscillatory Shear
This work presents a simple, scalar model for predicting a nonlinear shear stress response of a viscoelastic fluid in Large Amplitude Oscillatory Shear (LAOS) experiments.
Merger Dimitri +5 more
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Horizontal merger analysis [PDF]
Abstract Economic analysis of competition regulation is most developed in the domain of horizontal mergers, and modern agency guidelines reflect a substantial consensus on the appropriate template for merger assessment. Nevertheless, official protocols are understood to rest on a problematic market definition exercise, to use HHIs and ΔHHIs in ways ...
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ANALISIS PENGUKURAN KINERJA KEUANGAN PASCA MERGER DAN AKUISISI PADA PERUSAHAAN YANG TERDAFTAR DI BEI
This paper examineaneffect of the financial performance of post-merger and acquisition. The financial performance is measured by using ratios, such as return on net worth, return on assets, current ratio, quick ratio, and debt to equity ratio.The samples
Edi Edi, Sylvia Rusadi
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What Drives the Payment of Higher Merger Premiums?
This study examines whether the premiums paid to targets firms are affected by bidder CEO overconfidence, merger waves, method of payment, industry of merged firms, and capital liquidity.
Soegiharto Soegiharto
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