Budzinski, Oliver; Kretschmer, Jürgen-Peter - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2009
Salant et al. (1983). However, to our best knowledge, no treatment of the wel-
fare effects of (horizontal) mergers including …; integration of
departments; reduction of
overhead costs; etc.
Administrative Syner-
gies
improved management
skills …-
6 As the quantitative effect of replacing the target management should not be considerable in terms of
labour input …