Post-merger Restructuring and the Boundaries of the Firm

机译：合并后重组与公司边界

获取原文

页面导航

摘要
著录项
相似文献
相关主题

摘要

We examine how firms redraw their boundaries after acquisitions using plant-level data. We find that there is extensive restructuring in a short period following mergers and full-firm acquisitions. Acquirers of full firms sell 27% and close 19% of the plants of target firms within three years of the acquisition. Acquirers with skill in running their peripheral divisions tend to retain more acquired plants. Retained plants increase in productivity whereas sold plants do not. These results suggest that acquirers restructure targets in ways that exploit their comparative advantage.

著录项

作者
Maksimovic, V.; Phillips, G.; Prabhala, N. R.;
展开▼
作者单位

展开▼
年度 2011
页码 1-55
总页数 55
原文格式 PDF
正文语种 eng
中图分类工业技术;
关键词
Business acquisitions ; Business restructuring ; Businesses ; Asset portfolios ; Mergers ; Frameworks;

机译：业务收购;业务重组;业务;资产组合;合并;框架;

相似文献

外文文献
中文文献
专利

1. Post-merger restructuring and the boundaries of the firm [J] . Vojislav Maksimovic, Gordon Phillips, N.R. Prabhala Journal of financial economics . 2011,第2期

机译：合并后的重组和公司的边界
2. Union absorptions in times of restructuring: the importance of attitude towards merger in predicting post-merger attachment levels [J] . Stephan Baraldi, Magnus Sverke, Gary Chaison Industrial relations journal . 2010,第1期

机译：重组时的工会吸收：对合并态度在预测合并后依恋程度中的重要性
3. Delta Drops Five Executives In Post-Merger Restructuring [J] . Andrew Compart Aviation Daily . 2009,第0403期

机译：达美航空在合并后重组中调降五名高管
4. A study on the factors influencing post-merger performance of China's listed firms based on data mining [C] . Fu, Chuanrui The IEEE International Conference on Information Management and Engineering;ICIME . 2010

机译：基于数据挖掘的中国上市公司并购后绩效影响因素研究
5. Relationship of CEO and TMT pre-merger power characteristics of acquiring and target firm with post-merger effectiveness [D] . Lawlor, Kenneth Blaine 2009

机译：并购后目标公司CEO与TMT合并前权力特征与合并后有效性的关系
6. Organisational culture and post-merger integration in an academic health centre: a mixed-methods study [O] . Pavel V Ovseiko, Karen Melham, Jan Fowler, 2015

机译：学术卫生中心的组织文化和合并后整合：混合方法研究
7. Post-merger restructuring and the boundaries of the firm [O] . Vojislav Maksimovic, Gordon Phillips, N.R. Prabhala 2011

机译：合并后重组和公司的界限

Post-merger Restructuring and the Boundaries of the Firm

摘要

著录项

相似文献

相关主题

期刊订阅