The Social and Political Consequences of Conglomerate MergersDepartment of Economics and Business Administration, Vanderbilt University, 1980 - Consolidation and merger of corporations - 86 pages |
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Page 6
... effort . If this characterization of the political influence process is accurate , measures of market concentration should be most successful in explaining the inten- sity of efforts to influence policy , for example , lobbying efforts ...
... effort . If this characterization of the political influence process is accurate , measures of market concentration should be most successful in explaining the inten- sity of efforts to influence policy , for example , lobbying efforts ...
Page 12
... efforts to influence policy from a wider range of sources and be more likely to find support from some important constituencies . A con- More diversified firms tend to have varied interests which may be affected in contrary ways by a ...
... efforts to influence policy from a wider range of sources and be more likely to find support from some important constituencies . A con- More diversified firms tend to have varied interests which may be affected in contrary ways by a ...
Page 13
... efforts by firms to influence policy or of greater effectiveness in using a given amount of resources to achieve their goals . 9 Pittman's Four empirical studies look at political instruments . two studies and the study by Marx examine ...
... efforts by firms to influence policy or of greater effectiveness in using a given amount of resources to achieve their goals . 9 Pittman's Four empirical studies look at political instruments . two studies and the study by Marx examine ...
Common terms and phrases
acquired firm allocative efficiency benefits Benston Business Political Influence business political power Business Protection Act capital characteristics of conglomerates charitable giving community welfare concentrated industries conglomerate firms decrease distribution of income diversified firms diversity of conglomerates economic rents economies of scale Effects of Conglomerate efforts to influence employees F. M. Scherer factor owners Federal Trade Commission firm size firm's product free-rider geographic dispersion gift giving Gini coefficient glomerate merger incentives income inequality Independent Business Protection individual influence policy interest investment Katherine E large firms larger firms less Maddox and Siegfried marginal cost market concentration Market Structure merger improves merger may increase Monopoly monopsony number of firms output political outcomes price changes product diversification product price real income distribution redistribution skilled labor small firms social goals social property rights suggest tariffs total corporate total firm U.S. Government Printing United States Senate unskilled labor Vanderbilt University worker worker's satisfaction