NBER WORKING PAPER SERIES DO SHAREHOLDERS OF ACQUIRING FIRMS GAIN FROM ACQUISITIONS? Sara B. Moeller Frederik P. Schlingemann René M. Stulz Working Paper 9523 http://www.nber.org/papers/w9523 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge‚ MA 02138 February 2003 We are grateful to Harry DeAngelo and Ralph Walkling for useful comments. The views expressed herein are those of the author and not necessarily those of the National Bureau of Economic Research. ©2003 by Sara
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Summary This article is giving experience suggestion that certain definite strategies can be used by businessman to protect their firms’ market. Corporation today compete on an international basis‚ so must have an appropriate international business strategy which can give comparative advantage. Yet the managers rarely have a systematic approach to their international business operation. The insular company with unattractive options is losing market share and margin. To deal with this dilemma requires
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“What can I do to help?” Throughout my life I have asked this question many times. As a child watching my father interact with patients‚ as a Marine serving in a war torn country‚ and even now as a college student looking toward the future I ask how I can help. From a very early age‚ I remember looking up to my father in his optometry practice. From about the age of 8‚ I knew I wanted to help people like he did. I remember how he could comfort a patient by listening to what they had to say. It
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of the Firm The firm’s goal is to maximize profits‚ !. In order to do this it must decide what quantity of a good to produce given costs‚ technology and demand. A competitive firm is assumed to be able to sell as much as it wants at the market price without affecting price. So it takes price as exogenous (beyond it’s control) and does not worry about demand. In addition‚ for our purpose we’ll assume the firm operates efficiently‚ that is‚ whatever the level of production that the firm chooses
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2. What do we want to learn? What are the key concepts (form‚ function‚ causation‚ change‚ connection‚ perspective‚ responsibility‚ reflection) to be emphasized within this inquiry Key concepts: Form‚ responsibility‚ connection Related concepts: cooperation or conflict‚ interdependence What lines of inquiry will define the scope of the inquiry into the central idea? What teacher questions/provocations will drive these inquiries? Lines of inquiry
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Acquiring Legal Status of a Business Firm under Sole Proprietorship in the Philippines Starting a business in the Philippines requires series of procedures and steps‚ and there are different processes of registration depending on the form of business the entrepreneur ventures. This research report will talk about how to acquire the legal status of a business under the business form – sole proprietorship‚ discussing in detail the steps involved. As Lawrence Gitman defines sole proprietorship
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Behavior Name: YI KA SO(VEGA) CASE STUDY 3 What do we do with Howard? Synopsis: The story start with Howard Lineberry‚ he is a certified surveyor. He worked for Agrigreen Inc. as a lead surveyor‚ his job duty is to assist project engineer for survey activities and support project engineers on any means possible. During his years at Agrigreen‚ a lot of personnel changes had been made. "Since he was hired‚ he had worked for four different supervisors."(What) First supervisor was Jerry Givens‚ he was
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1) FIRM OBJECTIVES: The standard economic assumption underlying the analysis of firms is profit maximization. Real world firms‚ however‚ might not‚ and many times do not‚ make decisions based on the profit-maximization objective‚ or at least exclusively on the profit-maximization objective. Other objectives include: (1) sales maximization‚ (2) pursuit of personal welfare‚ and (3) pursuit of social welfare. Although firms are assumed to make decisions that increase profit in standard economic
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“What Do Marketers Do?” “The Role of a Marketer is to understand consumer behaviour and recognise market opportunities so that the organisation can adapt and stay competitive” (Sharp 2013). Marketers make up part of the management team in an organisation and each individual marketing job is unique to each company and its structure. Marketing is a constantly changing environment and is “putting the right product in the right place‚ at the right price‚ at the right time” (Marketing Skills Training
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What do people managers do? Who are studying for the professional exams of the Chartered Institute of Personnel and Development (CIPD)‚ describe the general role of people management as comprising specific objectives under four headings: staffing‚ performance‚ change management‚ and administration. Staffing objectives are firstly concerned with ‘getting the right people in the right jobs at the right times’ – i.e. the recruitment and selection of staff‚ but increasingly these days also advising on
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