Details

Handbook of Merger Control and Environmental Policy


Handbook of Merger Control and Environmental Policy

Theory and Applications
Natural Resource Management and Policy, Band 59

von: Luis Gautier, Mahelet G. Fikru

213,99 €

Verlag: Springer
Format: PDF
Veröffentl.: 27.07.2024
ISBN/EAN: 9783031635496
Sprache: englisch

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Beschreibungen

<p>This book presents an integrated theory of firms’ strategies and two types of policies, namely environmental policies, and merger control policies. It develops a framework to examine the intricate relationship between merger and acquisition (M&amp;A) incentives, merger control policy, environmental policies, and firms’ sustainability practices. The chapters highlight the importance of policy coordination to underscore the link between M&amp;A and environmental externality, and the link between merger policy and environmental policy. Drawing together related fields that are seldom linked in the literature, this volume offers a comprehensive and authoritative reference for scholars, graduate students, and policymakers.</p>
<p>Part I Merger Incentives in Pollution Intensive Industries.- Merger Incentives and the Natural Environment.- Mergers in Cournot Markets with Environmental Externality and Product Differentiation.- The Impact of Foreign Emission Tax on Domestic Merger Profitability.- Electric Utility Mergers in the Presence of Distributed Renewable Energy.- An Empirical Investigation of the Impact of Environmental Policy on M&amp;A Activities.- Part II Welfare Implication of Mergers.- Welfare Impact of New Firm Acquisition.- Merger Induced Welfare Gains in the Presence of Environmental Externality and Product Differentiation.- Are Big Mergers Welfare Enhancing when there is Environmental Externality.- Part III Environmental Policy in the Presence of Mergers.- Merger Control and Environmental Policy.- Environmental Taxation and Mergers in Oligopoly Markets with Product Differentiation.- Cross-Country Emission Tax Effect of Mergers.- The Design of Emission Taxes in Markets with New Firm Acquisitions.- An Analytical Approach for Policy Coordination.</p>
<p>Luis Gautier is Associate Professor of Economics at University of Texas at Tyler (US). He holds a Ph.D. from Southern Illinois University Carbondale. His research interests include environmental economics, mergers and acquisitions, and development economics.</p>

<p>Mahelet Fikru is Associate Professor of Economics at Missouri University of Science and Technology (US). She holds a Ph.D. from Southern Illinois University Carbondale. Her research interests include environmental economics, industrial organization, and applied microeconomics.</p>
<p>This book presents an integrated theory of firms’ strategies and two types of policies, namely environmental policies, and merger control policies. It develops a framework to examine the intricate relationship between merger and acquisition (M&A) incentives, merger control policy, environmental policies, and firms’ sustainability practices. The chapters highlight the importance of policy coordination to underscore the link between M&A and environmental externality, and the link between merger policy and environmental policy. Drawing together related fields that are seldom linked in the literature, this volume offers a comprehensive and authoritative reference for scholars, graduate students, and policymakers.</p>
Studies the design of environmental and merger control policies in markets where firms engage in merger and acquisition strategies Examines the relationship between merger and acquisition incentives, merger control policy, environmental policies, and firms’ sustainability practices Offers a comprehensive and authoritative reference for scholars, graduate students, and policymakers