Mergers and Merger Policy - Softcover

Fairburn, James

 
9780198772842: Mergers and Merger Policy
Softcover
ISBN 10: 019877284X ISBN 13: 9780198772842
Publisher: Clarendon Press, 1989

Synopsis

This book is a collection of essays by leading policy-makers and academics confronting the most important questions about the merger phenomenon. This issue has been receiving a great deal of public attention following a series of huge and contested takeover bids. At the same time the British merger policy has been the subject of government review. Does the merger process serve as a crucial check on management efficiency, or is it the result of too little control or too much management discretion? Do shareholders and consumers gain or lose from mergers? Is the effect of mergers on competition the only public concern, and how anyway is competition to be assessed in an economy increasingly dominated by foreign imports? Can policy-makers learn from abroad, or are the current institutions and procedures the best available? The contributions to this volume aim to show how such questions can be answered.

"synopsis" may belong to another edition of this title.

Review

"The most appealing virtue of this book is that it provides an engaging British perspective on the economic effects of mergers and merger policy....Many of the views expressed are distinctive, and offer an interesting contrast to U.S. research and policy prescriptions."--Journal of Economic Literature "The most appealing virtue of this book is that it provides an engaging British perspective on the economic effects of mergers and merger policy....Many of the views expressed are distinctive, and offer an interesting contrast to U.S. research and policy prescriptions."--Journal of Economic Literature "The most appealing virtue of this book is that it provides an engaging British perspective on the economic effects of mergers and merger policy....Many of the views expressed are distinctive, and offer an interesting contrast to U.S. research and policy prescriptions."--Journal of Economic Literature "The most appealing virtue of this book is that it provides an engaging British perspective on the economic effects of mergers and merger policy....Many of the views expressed are distinctive, and offer an interesting contrast to U.S. research and policy prescriptions."--Journal of Economic Literature

Synopsis

This book is a collection of essays by leading policy-makers and academics confronting the most important questions about the merger phenomenon. This issue has been receiving a great deal of public attention following a series of huge and contested takeover bids. At the same time the British merger policy has been the subject of government review. Does the merger process serve as a crucial check on management efficiency, or is it the result of too little control or too much management discretion? Do shareholders and consumers gain or lose from mergers? Is the effect of mergers on competition the only public concern, and how anyway is competition to be assessed in an economy increasingly dominated by foreign imports? Can policy-makers learn from abroad, or are the current institutions and procedures the best available? The contributions to this volume aim to show how such questions can be answered.

"About this title" may belong to another edition of this title.

Publisher
Clarendon Press
Publication date
1989
Language
English
ISBN 10 
019877284X
ISBN 13 
9780198772842
Binding
Paperback
Edition number
1
Number of pages
368

Other Popular Editions of the Same Title

9780198772859: Mergers and Merger Policy

Featured Edition

ISBN 10:  0198772858 ISBN 13:  9780198772859
Publisher: Clarendon Press, 1989
Hardcover