Theory and Applications Gautier, Luis. creator author. aut http://id.loc.gov/vocabulary/relators/aut Fikru, Mahelet G. author. aut http://id.loc.gov/vocabulary/relators/aut SpringerLink (Online service) text sz 2024 1st ed. 2024. monographic eng

electronic

electronic resource

access XIII, 259 p. 41 illus., 31 illus. in color. online resource. 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. 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. by Luis Gautier, Mahelet G. Fikru. Power resources Environmental economics Industrial organization Environmental policy Industrial management Environmental aspects Resource and Environmental Economics Industrial Organization Environmental Policy Corporate Environmental Management HD9502-9502.5 HC79.E5 9783031635496 https://doi.org/10.1007/978-3-031-63549-6 https://doi.org/10.1007/978-3-031-63549-6 240727 20251030112653.0 978-3-031-63549-6