this article tries to study the increase or decrease in the performance of the divested companies to the non-governmental public sector and the private sector compared to the period before the divestiture and then it tries compare the private sector and the nongovernmental public sector in improving the performance indexes. to answer two basic questions of the research, the financial indicators...

This research compares innovation-related spinoffs and buyouts. Innovation-related divestitures are companies created with the intent of better developing and marketing new products in new or existing markets. We investigate how and why spinoffs’ and buyouts’ strategic emphasis, radicalness of products, and profits diverge over time. Using longitudinal data on 126 spinoffs and 102 buyouts over ...

Transmission constraints in electric networks can limit competition and create pockets of local market power. The policy response to this reality includes many elements ranging from special contracting arrangements to divestiture of assets. Although a full analysis of the impacts of local market power is complex and context specific, there are some general principles that can guide the discussion.

Increasing globalization, ever-changing market dynamics and volatile business conditions require organizations to become more agile and flexible to ensure sustainability, growth and business continuity. Companies must be aware of all the factors that impact their businesses and understand how to embrace new technologies and ways of working that can deliver enhanced business benefits, and avoid ...

In this paper we empirically analyse two counterfactual situations facing an anti-trust authority following the merger of two of the largest international cigarette companies. First we estimate a nested logit model of demand for cigarettes. The implied elasticity of demand for smoking and implied marginal costs are both broadly consistent with the limited independent estimates available. We the...