synergy). We show that the existence of positive synergies implies declining expected prices. When synergies are negative … simultaneously as a bundle or sequentially when synergies are positive. Second, when synergies are negative, the expected revenue … addition, in the presence of positive synergies, an option to buy the additional object at the price of the first object is …

The thesis investigates the impact of endogenous financial synergies on the product market behavior of merging firms …. Examining a diversifying merger of risk-neutral firms in unrelated product markets, it finds that purely financial synergies … aspects of mergers and acquisitions that cause financial synergies are therefore important for the assessment of unilateral …

demand side policies, and the potential synergies between them, in an asymmetric monetary union that faces a liquidity trap … rates produces positive synergies between the three policies: forward guidance reinforces the expansionary effects of …

Vorständen der DAX100-Gesellschaften über den Zeitraum von 1994 bis 2001. Neben den Turnover-Performance-Beziehungen wird die … the systematic relationship between company performance and turnover in the management boards of the DAX100 companies over … the period from 1994 to 2001. In addition to the turnover performance relationships, the reactions of the capital market …

This dissertation is a comprehensive study of convertible-preferred-stock pricing and performance following issuance …. It is the first major academic study that identifies significant abnormal performance of corporate contingent claims … investigate the sources of superior investment performance of convertible securities as an asset class that has persisted for the …