According to numerous studies, mergers and acquisitions (M&As) tend to fail more often than being profitable. While strategic fit seems to be a pre-requisit for M&A sucess, organizational culture differeces between merging organizations seem to set boundaries for achieving the synergies...

This paper presents an analysis of the effects that Austria's accession to the EU had on several key financial ratios of small business firms in the retail and wholesale trade sectors. These two industries were selected because before 1995 they were protected in many respects, thus vulnerable to...

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