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The primary purpose of this paper is to investigate whether companies can use acquisition as a strategy to reduce their likelihood of take-over. The determinants of making an acquisition and being taken over are modelled for the first time within a competing risks framework using two large...
Persistent link: https://www.econbiz.de/10005562865
This paper argues for an explicit engagement of political economy with values, and presents a number of criticisms of the ethical limitations of both markets and neoclassical economics. Neoclassical theory is unlikely to be able to take on board this critique because of its commitment to Homo...
Persistent link: https://www.econbiz.de/10005554195
This paper argues that the mainstream literature on corporatism focuses too narrowly on the relationship between corporatism and the labor market. It adopts a broader political economy perspective to argue that corporatist arrangements impart macroeconomic stability through the resolution of...
Persistent link: https://www.econbiz.de/10005569003