Business Commons^™

Vertical Control, Herbert J. Hovenkamp

All Faculty Scholarship

Antitrust litigation often requires courts to consider challenges to vertical “control.” How does a firm injure competition by limiting the behavior of vertically related firms? Competitive injury includes harm to consumers, labor, or other suppliers from reduced output and higher margins.

Historically antitrust considers this issue by attempting to identify a market that is vertically related to the defendant, and then consider what portion of it is “foreclosed” by the vertical practice. There are better mechanisms for identifying competitive harm, including a more individualized look at how the practice injures the best placed firms or bears directly on a firm’s …

Merger And Acquisition Integration: Exploring Uncertainty From The Perspective Of The Middle Manager, Joseph J. Pazmany

Dissertations

Purpose. The purpose of this qualitative study was to explore middle managers’ perceptions about how organizations managed job-related, structural, and strategic uncertainty during a merger and acquisition (M&A) integration process. Furthermore, this research investigated what strategies middle managers perceived effective and ineffective for managing uncertainty and recommendations for managing uncertainty during future integrations.

Methodology. This qualitative study utilized a phenomenological research design that collected data through open-ended interviews. Fifteen middle managers participated in the study and were asked 12 questions that explored their perceptions about managing uncertainty during an M&A integration.

Findings. Overall, participants perceived strategic uncertainty …

Merge Ahead: Library-It Organizations In The Liberal Arts, Lisa A. Forrest, Niranjan Davray, Heather Woods, Dave Smallen

Lisa Forrest

Organizational mergers between libraries and information technology services have become more common in recent years. From curbing administrative costs to improving communication to supporting student and faculty success, merged institutions cite a variety of reasons for joining forces. How do successfully merged library and IT services work? What are the challenges and opportunities for those leading within these organizations? What lessons can stand alone organizations glean from these unions? Presenters from four liberal arts institutions--Hamilton, Kenyon, Trinity, and Wellesley Colleges--will share a variety of perspectives and advice for those contemplating a merger or just looking to improve Library-IT relationships. Session …

Merge Ahead: Library-It Organizations In The Liberal Arts, Lisa A. Forrest, Niranjan Davray, Heather Woods, Dave Smallen

Presentations

Organizational mergers between libraries and information technology services have become more common in recent years. From curbing administrative costs to improving communication to supporting student and faculty success, merged institutions cite a variety of reasons for joining forces. How do successfully merged library and IT services work? What are the challenges and opportunities for those leading within these organizations? What lessons can stand alone organizations glean from these unions? Presenters from four liberal arts institutions--Hamilton, Kenyon, Trinity, and Wellesley Colleges--will share a variety of perspectives and advice for those contemplating a merger or just looking to improve Library-IT relationships. Session …

Employee Perspectives On The Post-Integration Stage Of A Micro-Merger, Jennifer Lawlor

Articles

Purpose - This paper seeks to address the impact of an organisational change initiative on organisational employees, with specific reference to a micro-merger which occurred in a public sector, higher education organisation in Ireland. The literature on change management is examined, with specific reference to the post-integration stage of a micro-merger. The paper then reports on a study that was undertaken in an Irish higher education institution and focuses on the impact of the micro-merger on employees. Specifically, the study seeks to address their perceptions and emotions relating to a heretofore under-researched area in the merger literature, namely the impact …

The Importance Of Leadership And Culture In Mergers, Aravind Swaminathan

CMC Senior Theses

The purpose of this paper is to show how leadership and culture are critical factors in organizational change. The vehicle through which this point is proved is by

analyzing the organizational change processes of mergers, as mergers involve

leadership and culture. Successful mergers are very rare, and it is hypothesized

that not enough attention is paid to leadership and culture during mergers. This

paper analyzes many of the factors that related to leadership and culture, such as

transparency, trust, communication, and vision. Not only does this paper analyze

these topics, but it also examines and applies a successful change strategy, …

The Urge To Merge: Accounting Firm Mergers, Mark E. Pickering

Mark E Pickering

The article focuses on the significance of merger and acquisitions for accounting firms in Australia. According to the author, the expected benefits of mergers include geographic expansions, gaining scale, adding new services, gaining access to capabilities and addressing issues in one or both firms. It is stated that the possibilities of a successful merger can be developed through merger benefit adjustments, merger-fit and integration approach.

The Effects Of Price Regulation On Pharmaceutical R&D And Innovation, Heather M. O'Neill, Lena Clarissa Crain

Business and Economics Faculty Publications

As rising health care expenditures focus government attention on slowing the growth, the pharmaceutical industry comes under increasing pressure to curb prices of ethical drugs. Pharmaceutical price regulations have been implemented in many countries to control pharmaceutical expenditures. Yet, creating innovative drugs requires enormous R&D costs, which in turn require adequate expected economic returns. Since price controls reduce profits and expected returns, as countries invoke stricter price regulations, firms will either move their R&D process into less regulated markets or move out of innovative R&D. This paper assesses the impact of drug price regulations in Japan compared to market-priced drugs …