Mergers and efficiency : changes across time

著者

    • Trimbath, Susanne

書誌事項

Mergers and efficiency : changes across time

by Susanne Trimbath

(The Milken Institute series on financial innovation and economic growth, 3)

Kluwer Academic, c2002

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注記

Originally presented as the auther's thesis (Ph.D.)--New York University

Bibliography: p. [261]-274

Includes index

内容説明・目次

内容説明

Mergers And Efficiency: Changes Across Time focuses on one aspect of the corporate finance revolution that restructured Corporate America and led to the longest expansion in U.S. history - changes in rates of merger efficiency. Demystifying this most controversial and dynamic period of U.S. economic history is key to understanding the business, financial and economic innovations that defined the last two decades of the 20th century. In addition, it is important to create a careful empirical understanding of the conditions under which merger activity increased or decreased firm efficiency, industrial productivity, and overall improvements in aggregate output and economic performance.

目次

Dedication. List of Tables. List of Figures. List of Appendices. Note from the Editor's. Acknowledgments. Preface. 1. Inefficiency as Determinant of the Risk of Takeover. 2. Heterogeneity in the Targets of Takeovers. 3. The Efficiency Effects of Takeovers. Appendices. Bibliography. Index.

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