PL EN


2009 | 12 | 3(44) |
Article title

MATHEMATICAL MODELS OF MERGERS TAKING INTO ACCOUNT MANAGEMENT FACTORS (Matematyczne modele polaczen przedsiebiorstw uwzgledniajace czynniki menedzerskie)

Title variants
Languages of publication
PL
Abstracts
EN
This article presents models of horizontal mergers extended with management factors. The paper contains an analysis of mathematical models of mergers irrespective of exogenous and endogenous mergers division. The analysis shows that even when a merger may be potentially more efficient, managers in a merged firm do not necessarily want this to happen. The problems due to a lack of trust can even offset the possible synergies thereby making a merged firm less efficient.
Year
Volume
12
Issue
Physical description
Document type
ARTICLE
Contributors
  • Leszek Czerwonka, Uniwersytet Gdanski, Wydzial Ekonomiczny, Katedra Mikroekonomii, ul. Armii Krajowej 119-121, 81-824 Sopot, Poland
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
09PLAAAA070320
YADDA identifier
bwmeta1.element.69c91903-eafc-377d-8664-3ac7f7e5bf94
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