Impact of Chinese cross-border outbound M&As on firm performance: Econometric analysis using firm-level data

2014 ◽  
Vol 30 ◽  
pp. 169-179 ◽  
Author(s):  
Kazuma Edamura ◽  
Sho Haneda ◽  
Tomohiko Inui ◽  
Xiaofei Tan ◽  
Yasuyuki Todo
Author(s):  
Christian Beyer

Abstract In this article the effects of cartelization on firms’ efficiency are investigated using the example of an early twentieth century coal-mining cartel in Upper Silesia: the Upper Silesian Coal Convention. Established in 1898, the cartel comprised various types of private, as well as state-owned, mining enterprises. Using a microeconomic dataset based on firm-level data of the Upper Silesian mines, I focus on the cartel’s effect on efficiency. The cartel did not significantly reduce technical efficiency among mines. This finding confirms previous research on cartels’ effects on efficiency.


2012 ◽  
Author(s):  
Mariann Rigo ◽  
Vincent Vandenberghe ◽  
Fábio Waltenberg

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