Durable goods and horizontal merger analysis
β Scribed by Jack A. Nickerson
- Publisher
- Springer US
- Year
- 1995
- Tongue
- English
- Weight
- 908 KB
- Volume
- 10
- Category
- Article
- ISSN
- 0889-938X
No coin nor oath required. For personal study only.
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Utilizing a two-period durable-goods framework, we show that in uncommitted sales markets a firm may earn higher profits as it increases its level of corporate social responsibility (CSR). We find that this occurs even though CSR has no direct impact other than increasing the durable-goods firm's ma
Mergers and alliances are two organizational forms which allow firms to combine complementary capabilities to realize strategic goals; they are, in many cases, strategic substitutes. Managerial decision-makers, therefore, require a framework for choosing between the two strategies. This paper contri