Thesis (Ph. D.)--University of Florida, 1984. / Description based on print version record. Typescript. Vita. Includes bibliographical references (leaves 144-149).

Thesis--Wisconsin. / Vita. Includes bibliographical references (leaves 412-422).

Thesis (Ph. D.)--University of Wisconsin--Madison, 1974. / Typescript. Vita. eContent provider-neutral record in process. Description based on print version record. Includes bibliographical references.

M.Comm. / The purpose of this study is to determine the tax implications of mergers and acquisitions. and more specifically the tax implications of the selling and purchasing of assets and shares. Mergers and acquisitions Mergers and acquisitions are two methods to combine companies. Both will lead to a business combination. It can mean that either the assets or the shares of the acquiree are purchased. The sale and purchase of assets or shares When two or more companies decide to merge. the one company can acquire the assets of the other compan). The purchase and sale of intellectual property and goodwill are important during mergers and acquisitions. Other assets like trading stock. debtors and bad debts and fixed assets will also be purchased and sold.

The objective of this thesis is to examine the traditional structure-conduct-performance (SCP) paradigm as it applies to current Canadian merger policy and to Canadian merger activity during the period January 1964 to December 1983. The SCP paradigm postulates that with increasing industry concentration there will be increased incentives for firms within the industry to engage in anti-competitive, collusive behavior. Since successful collusion increases product prices, the SCP paradigm implies that horizontal mergers, which by definition increase concentration, will generate increased industry-wide profits. Thus, horizontal mergers should benefit not only the merger participants, but also the product market rivals of the merging firms. This hypothesis is examined using a sample of Canadian horizontal mergers in oil and gas, mining and manufacturing industries and a "control" sample of non-horizontal mergers taking place in the same industries. The results do not support the collusion hypothesis postulated by the SCP paradigm but are consistent with the theory that Canadian mergers are motivated by perceived economic efficiencies. / Business, Sauder School of / Graduate

The mid 1980s and the mid 1990s both saw an incredible amount of merger activity, however, the characteristics of both were very different. Research seems to inidcate that the 1980s merger wave was primarily stimulated by the desire to eliminate corporate inefficiencies. Acquirers of this time period were highly leveraged and encountered a great deal of hostility from target management. After a short decrease in merger activity the mid 1990s intensified to number comparable to those of the 1980s. Noticeable absent was the hostility, leverage and inefficiency that was so prevalent in the 1980s. Instead the 1990s mergers were friendlier and were not as leveraged. In order to determine the origin of these differences the characteristics of targets from both time periods are examined and further research was conducted into the macroeconomic conditions. The results indicate the beneficial affects of the 1980s merger wave indirectly affected the stimulus and the characteristics of the 1990s.

No description available.

No description available.

Thesis advisor: Amy Hutton / I investigate the effects of private information acquisition from M&A due diligence on bidders’ subsequent actions. Using a sample of negotiated and announced M&A deals that fail to close, I find that, following the failed transactions, bidders achieve higher investment efficiency and higher innovation outputs. Cross-sectional cuts demonstrate that the effects are more pronounced when a bidder has greater opportunities to learn from the target firms’ proprietary information. While bidders benefit through M&A negotiations, target firms bear costs from sharing proprietary information, as shown by a modest decline in their innovation and product outcomes. Overall, my study contributes to the understanding of the real effects of learning from peers’ proprietary information. / Thesis (PhD) — Boston College, 2022. / Submitted to: Boston College. Carroll School of Management. / Discipline: Accounting.

by Lung Tak-chung, Ng Chau-leung. / Abstract also in Chinese / Bibliography : leaves 48-49 / Thesis (M.B.A.)--Chinese University of Hong Kong, 1982