The Social and Political Consequences of Conglomerate MergersDepartment of Economics and Business Administration, Vanderbilt University, 1980 - Consolidation and merger of corporations - 86 pages |
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 conglomerate merger 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'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