A Suggested Ethical Framework for Evaluating Corporate Mergers and Acquisitions

The 1980s witnessed a dramatic increase in hostile takeovers in the United States. Proponents argue that well- planned mergers enhance the value of the firm and the value of the firm to society. Critics typically argue that undesired takeovers ultimately harm society due to external costs not borne...

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Autori: Chase, Daniel G. (Autore) ; Burns, David J. (Autore) ; Claypool, Gregory A. (Autore)
Tipo di documento: Elettronico Articolo
Lingua:Inglese
Verificare la disponibilità: HBZ Gateway
Interlibrary Loan:Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany)
Pubblicazione: 1997
In: Journal of business ethics
Anno: 1997, Volume: 16, Fascicolo: 16, Pagine: 1753-1763
Altre parole chiave:B Decision Making
B External Cost
B United States
B Ethical Framework
B Economic Growth
Accesso online: Volltext (JSTOR)
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Riepilogo:The 1980s witnessed a dramatic increase in hostile takeovers in the United States. Proponents argue that well- planned mergers enhance the value of the firm and the value of the firm to society. Critics typically argue that undesired takeovers ultimately harm society due to external costs not borne by the acquiring firm. To be socially responsible, the manager must consider the effects of the merger/acquisition on all stakeholders. Different traditional ethical frameworks for decision making are proposed and reviewed. A model is proposed.
ISSN:1573-0697
Comprende:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1023/A:1005794127954