LEADER 03682nam 2200649Ia 450 001 9910451267203321 005 20200520144314.0 010 $a1-281-22370-0 010 $a9786611223700 010 $a0-226-42433-2 024 7 $a10.7208/9780226424330 035 $a(CKB)1000000000410069 035 $a(EBL)408372 035 $a(OCoLC)290523253 035 $a(SSID)ssj0000201459 035 $a(PQKBManifestationID)11172733 035 $a(PQKBTitleCode)TC0000201459 035 $a(PQKBWorkID)10232527 035 $a(PQKB)11141349 035 $a(MiAaPQ)EBC408372 035 $a(DE-B1597)535827 035 $a(OCoLC)781254491 035 $a(DE-B1597)9780226424330 035 $a(Au-PeEL)EBL408372 035 $a(CaPaEBR)ebr10216962 035 $a(CaONFJC)MIL122370 035 $a(EXLCZ)991000000000410069 100 $a19990812d2000 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aMergers and productivity$b[electronic resource] /$fedited by Steven N. Kaplan 210 $aChicago $cUniversity of Chicago Press$d2000 215 $a1 online resource (350 p.) 225 1 $aA National Bureau of Economic Research conference report 300 $aDescription based upon print version of record. 311 $a0-226-42431-6 320 $aIncludes bibliographical references and indexes. 327 $tFront matter --$tNational Bureau of Economic Research --$tContents --$tAcknowledgments --$tIntroduction --$t1. Consolidation in the Medical Care Marketplace A Case Study from Massachusetts --$t2. The Eclipse of the U.S. Tire Industry --$t3. Is the Bank Merger Wave of the 1990's Efficient? Lessons from Nine Case Studies --$t4. A Clinical Exploration of Value Creation and Destruction in Acquisitions Organizational Design, Incentives, and Internal Capital Markets --$t5. Workforce Integration and the Dissipation of Value in Mergers: The Case of USAir's Acquisition of Piedmont Aviation --$t6. Paths to Creating Value in Pharmaceutical Mergers --$tContributors --$tName Index --$tSubject Index 330 $aMergers and Productivity offers probing analyses of high-profile mergers in a variety of industries. Focusing on specific acquisitions, it illustrates the remarkable range of contingencies involved in any merger attempt. The authors clearly establish each merger's presumed objectives and the potential costs and benefits of the acquisition, and place it within the context of the broader industry. Striking conclusions that emerge from these case studies are that merger and acquisition activities were associated with technological or regulatory shocks, and that a merger's success or failure was dependent upon the acquirer's thorough understanding of the target, its corporate culture, and its workforce and wage structures prior to acquisition. Sifting through a wealth of carefully gathered evidence, these papers capture the richness, the complexity, and the economic intangibles inherent in contemporary merger activity in a way that large-scale studies of mergers cannot. 410 0$aConference report (National Bureau of Economic Research) 606 $aConsolidation and merger of corporations$zUnited States 606 $aCorporate governance$zUnited States 608 $aElectronic books. 615 0$aConsolidation and merger of corporations 615 0$aCorporate governance 676 $a338.8/3/0973 701 $aKaplan$b Steven N$0991587 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910451267203321 996 $aMergers and productivity$92269384 997 $aUNINA