Handbook of Merger Control and Environmental Policy Theory and Applications / [electronic resource] :
by Luis Gautier, Mahelet G. Fikru.
- 1st ed. 2024.
- XIII, 259 p. 41 illus., 31 illus. in color. online resource.
- Natural Resource Management and Policy, 59 2511-8560 ; .
- Natural Resource Management and Policy, 59 .
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&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.
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.