Please note: In order to keep Hive up to date and provide users with the best features, we are no longer able to fully support Internet Explorer. The site is still available to you, however some sections of the site may appear broken. We would encourage you to move to a more modern browser like Firefox, Edge or Chrome in order to experience the site fully.

Mergers and Productivity, Hardback Book

Mergers and Productivity Hardback

Edited by Steven N. Kaplan

Part of the (NBER) National Bureau of Economic Research Conference Reports series

Hardback

Description

"Mergers and Productivity" offers probing analyses of high-profile mergers in a variety of industries.

Focusing on specific acquisitions, it illustrates the remarkable range of contingencies involved in any merger attempt.

The authors clearly establish each merger's presumed objectives and the potential costs and benefits of the acquisition, and place it within the context of the broader industry.

Striking conclusions that emerge from these case studies are that merger and acquisition activities are associated with technological or regulatory shocks, and that a merger's success or failure was dependent upon the acquirer's thorough understanding of the target, its corporate culture and its workforce and wage structures prior to acquisition.

Sifting through a wealth of carefully gathered evidence, these papers capture the richness, the complexity and the economic intangibles inherent in contemporary merger activity in a way that large-scale studies of mergers cannot.

Information

Information