Book Description

This set includes articles from the four main fields which have influenced the study of Mergers and Acquisitions: Economics, Finance, Strategic Management and Human Resource Management. Featuring the key papers by individuals who shaped the field, the collection presents these formative pieces in thematically grouped sections, including coverage of: * Perspectives on the modern business corporation and the role of mergers and acquisitions: historical, financial, strategic and management * Causes of mergers and acquisitions activity * Performance impact of mergers and acquisitions activity * Public policy and the corporation
The set features a comprehensive index and original introductory material. ... Read more

Book Description

A case study textbook on corporate mergers and acquisitions originally written as a graduate school capstone project.

• It offers a concise and analytical case study in corporate mergers and acquisitions, complete with researched testimonies and prepared statements of the major deal makers before the U. S. Senate Subcommittee on the Judiciary.
• It quickly answers the what, who, how, and why questions of corporate mergers and acquisitions through actual case study without being sidetracked into the vast expanse of the intriguing subject.
• It is at once student-friendly and offers the student a superb means of gauging his or her own writing potential and ending his or her research paper blues.

A must read book for the academic oriented who delight in comparing standards. ... Read more

Reviews (1)

He is what he is
When we were studying corporate finance and policy, our teachers use to recommend us Gordon's articles and books; they called him father of finance. His articles were true classics; even after passage of few decades they remain as applicable as they were then.

Same is with this book. It dispels the myth that restructuring can only be from outside by giving you live examples. I would recommend it to anyone who is at the top seat or eyeing that position. Whether he/she is leading a successful organization or trying to turnaround a deteriorating bottom line, this is the book for him/her. ... Read more

Book Description

The advantages and disadvantages of incorporating a business are discussed in nontechnical language. The author presents a user-friendly guide to understanding the incorporation process, and introduces readers to the steps involved. New material in this edition includes tax law considerations and an expanded question-and-answer section. Titles in the easy-to-understand Business Keys series are directed at consumers and non-professionals, with advice on saving, investing, protecting assets, and increasing wealth through prudent money management. The books define terms, cut through business jargon, speak in plain language, and take the mystery out of business. ... Read more

Reviews (1)

Good advice for the layman
This is a good book for the small business owner who wishes to incorporate without the expense of a lawyer. . . It can be done. Step by step advice. ... Read more

Book Description

The Last Days of the Giants? A Route Map for Big Business Survival "Somewhere out there is a bullet with your company's name on it. Somewhere out there is a competitor, unborn and unknown, that will render your business model obsolete. Bill Gates knows that. When he says that Microsoft is always two years away from failure, he's not just blowing smoke. The hottest and most dangerous new business models out there are on the Web". Gary Hamel, Fortune Magazine. 1998 If you can positively identify with any of the following statements:
* Current mergers and acquisitions activity will continue unabated well into the 21st century
* Flashy internet start-ups cannot threaten our core activities built up over years of careful planning, research, branding and marketing
* Our sheer size will protect us from the unpredictability of the next few years
* We will manage our customers; they will not manage us
* The government will always have the best interests of big business at heart
* A long-term focus is the key to success
* We do not see the value of outsourcing
* Just because we are big, it doesn't mean we cannot move quickly
then you and your company may be in very serious trouble. Read Robert Baldock's survival guide for giants, before it's too late. "An intriguling perspective on the 'current future' of global business that few of today's giant corporations can afford to ignore". Dr Paul Taffinder, author of the acclaimed Big Change; winner of the 1999 MCA Business Management book of the year. ... Read more

Reviews (2)

On problems, challenges and opportunities of post-2000 era
In this, his second book, Robert Baldock continues in his visionary vein to tackle the problems, challenges and opportunities that the year 2000onwards will bring for old-style "giants' of the last century.

Thesubject of this book are the problems facing big business, especially ifthey stand still instead of moving with, and even ahead of, the times. Thegreatest threats to the so-called `giants' can come from the mostunexpected quarters. Suddenly a small, independent company from the otherside of the world can, without warning, take large chunks of your marketshare. They can do this because they are quicker of thought, more flexiblein attitude and more closely attuned to the real needs of their customersthan you are.

In this book, Robert Baldock looks at the ways in which youcan change the nature of your business so that you can begin the 21stcentury on at least an equal footing with your hungry, determinedcompetitors. This includes looking at the nature of what you offer to yourcustomers, the relationship you have with your customers, and the level towhich you should continue trying to do everything internally against theoption of outsourcing.

The author concludes by giving us athree-dimensional mental model to visualise when thinking about the kindsof things we should be doing.

Robert Baldock (1955- ) was, untilrecently, a global managing partner in Anderson Consulting, the managementand technology consultancy, responsible for eCommerce, CustomerRelationship Management and Mergers and Acquisitions within the FinancialServices Industry. He led a team within Andersen's global financialservices practice in developing a set of scenarios for the future of thefinancial services industry as well as an initiative looking at the futureshape of the consumer serving industries. He is the author of DestinationZ.

Pretty good, but some more case studies needed
Oh, for the good old days of huge corporations which told you what to buy and when and how much you would pay for it. All gone now, says Baldock: net-driven nimbleness is the key trait of success in the third millennium.If big companies are to survive at all, it will be only by acting likesmall ones.

To anyone familiar with business literature, these points arenot particularly new. Baldock, however, does a good job of knitting anumber of issues into a whole, around the general theme of how the internethas changed the market, the consumer, and the very notion of selling goodsand services. The net provides, first and foremost, information: thecapacity to compare, communicate and choose. If consumers are not happywith what they are offered - if it is not tailored to their specificrequirements - they can easily go elsewhere. The pivot of power has swungfrom the seller to the buyer.

As a result, says Baldock, even the largestcompanies can suddenly lose major chunks of any given market to a firm withshort production runs, flexible design, and instant access. For a large(traditional) firm to customise a particular product is a slow process, ifpossible at all. They are likely to still be re-tooling while their smallcompetitors have moved onto the next generation.

Specialisation is thekey, says Baldock. Forget about vertical integration: it only reinforcesthe inertia. And becoming larger by merger or acquisition is more likely tobe part of the problem than part of the solution. Trying to manage allaspects of the business cycle means doing nothing very well.

Baldocklooks at a number of examples where large companies have made thetransition to the new world. Hiving off a unit as a separate e-commercecompany seems to be a popular solution, although a few traditional firmshave managed to graft new methods of selling onto the old organisation.Unfortunately, the book tends to deal with such cases in a fairlyperfunctory way: more in-depth analysis of the reasons for success orfailure would have been appreciated. The impact of personal e-trading ofshares on the staid stockbroking industry, for example, is an area ripe formuch more exploration than the book provides.

Baldock presents a newmodel of company organisation, based around being buyer-centric rather thanseller-centric, and of "virtualising" non-core activities. Fair enough,although one suspects that the concept of business models might be a bitcontrary to the idea of un-organised organisations.

One also suspectsthat the book might use a brush that is a bit too wide. Many of thecompanies Baldock looks at the involve personal goods or services: sellinginsurance or airline tickets, for example. But are all large companies sovulnerable to smaller competitors? It is hard to see, for example, how theinternet will affect industries like mining or shipbuilding. Some businessactivities are intrinsically geared to the big and the long-term: noteverything can be effectively scaled down. Nevertheless, `The Last Days ofthe Giants?' has a range of interesting things to say. Business ischanging, without doubt: the last days of one breed are the first ofanother. ... Read more

Book Description

Book Description

Banking and financial industry deregulation may hold promise for consumers, but what actually seems to be developing is trouble. Large banks are combining into small clusters of mega-banks with national and global reach, supported by government safety nets premised on fears that they are too big to be allowed to fail. One result, among several, is that retail banking suffers. The authors evaluate existing bank merger policy and offer workable proposals for new legislative actions that would enhance the benefits of bank mergers without exacerbating the weaknesses. A far reaching study and essential reading for executives in all corners of the industry, academic and government researchers, and teachers of business, finance, and public policy. ... Read more

Book Description

At a time when international acquisitions are booming, managers have never before needed new ways to identify and analyze new sites for their newly combined organizations as they do now. Schniederjans combines acquisition and location analysis into one unique volume, to create a new approach based on multifunction sharing of information to help optimize the location selection decision. Included are applications of methodologies just now emerged from the academic literature and quantitative examples to enable managers to apply them quickly. With appendices providing important information on international sources, the book will be essential reading for upper management and others involved in developing plans for the corporation's expansion and growth. ... Read more

Book Description

This law school casebook focuses on the corporate and securities laws relating to corporate combinations. Coverage also extends to tax, antitrust, and financial issues. Cases and other materials are followed by informative notes and questions. It is organized to make it easy for you to omit or rearrange material to adapt the book to your particular teaching approach. Designed for use in either as a stand-alone text or as the basic source material for projects, problems, or writing assignments to supplement the traditional case method. The book is suitable for use for either a two or three credit hour course. ... Read more

Book Description

Book Description

Structuring Mergers & Acquisitions provides expert guidance on analyzing transactions from a financial perspective and evaluating options in terms of how they create value today or better position the company to build value tomorrow. While technical aspects of deal making are addressed, the focus of this book is on translating technical expertise into increased value for the company and its shareholders.

The book includes authoritative discussions of critical topics, including:

· How shareholder value relates to mergers & acquisitions, and different methodologies for valuing a transaction

· How accounting can influence value creating

· Transactions that may be encountered (mergers, joint ventures, spin-offs, share repurchases and more)

· Methods of structuring from a legal standpoint

· Protecting against takeover threats

· Performing effective and complete due diligence

For each topic covered, Structuring Mergers & Acquisitions explores and critiques real-world examples of different types of transactions in a variety of industries. This reference includes hints and tips about what to look out for, how to avoid the inherent pitfalls of different types of transactions and solutions for common problems. In addition, a hypothetical case study presents the entire strategic and financial analysis of a merger from the signing of the confidentiality agreement, through the structuring and negotiation of the deal, concluding with the presentation of an offer and letter of intent. ... Read more

Book Description

This revealing account deals not only with those giant figures who perpetrated takeovers, but also with other featured players: investment bankers, attorneys, and arbitrageurs. ... Read more

Book Description

The partnership may be the correct structure for your business to save taxes and limit liability.The limited partnership, family limited partnership, and limited liability partnership provide many tax benefits and outstanding personal liability protection for their members. ... Read more

Book Description

The exploding level of activity in mergers and acquisitions in recent years has placed increased demands on the accountants involved. This book shows accountants how to achieve competence in the various accounting and business aspects of mergers and acquisitions. ... Read more

Book Description

Hardbound. ... Read more