Vertical vs. horizontal integration: pre-emptive merging

Article Abstract:

A research effort analyzed the effects of the simultaneous feasibility of vertical and horizontal integration on equilibrium merger situations. Vertical mergers are shown to usually have a pre-emptive effect on horizontal mergers for either vertical or horizontal integration. Vertical mergers are also shown to be dominant outcomes. Vertical integration is done primarily to pre-empt the threat of a detrimental horizontal integration.

Research, Analysis, Acquisitions and mergers, Industrial organization, Vertical integration, Business economics, Managerial economics, Horizontal integration

---

Conglomerate Performance Over the Economic Cycle

Article Abstract:

The relative volatility of conglomerate performance to non-conglomerate firms is examined. Conglomerate performance has improved significantly during upswings in the economy. More rapid deterioration in performance is noted during downswings. No definitive explanation is obtained.

---

Similar abstracts:

• Abstracts: Target profits and managerial discipline during the conglomerate merger wave. Some results of experimental duopoly markets with demand intertia
• Abstracts: Competition and cooperation within a multidivisional firm. Japan's corporate groups: collusive or competitive? An empirical investigation of keiretsu behavior

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.