Restructuring American Corporations: Causes, Effects, and Implications (Contributions to the Study of World) - Hardcover

Alkhafaji, Abbass F.

Hardcover

ISBN 10: 0899305733 ISBN 13: 9780899305738

Publisher: Praeger, 1990

Synopsis

Written for financial and management executives, this volume provides a comprehensive and detailed examination of the restructuring of American business which has resulted from a spate of large-scale mergers, acquisitions, takeovers, and buyouts. As Alkhafaji notes at the outset, mergers and acquisitions are not new to the American business scene. However, the huge dollar value of recent transactions, such as the RJR/Nabisco buyout and the fact that large corporations once thought to be safe from takeover attempts are now potential targets, has given the process heightened impact. Alkhafaji explores the reasons for the increasing popularity of takeovers, mergers, and buyouts; who benefits from and who is affected by these strategies; who loses and who wins in the process; the international aspects of corporate restructuring; and the future implications for financial and senior managers.

In addition to examining the impact of corporate restructuring on the economy, the corporation, and the individual employee, Alkhafaji provides a wealth of practical information for the executive involved in the buyout process. He explains the various characteristics of companies that prompt merger and takeover actions, provides a rationale for the rapid increase in such activities, presents strategies that management should use before, during, and after the buyout, offers a comprehensive guide to what is involved in the restructuring process, and discusses the stages of mergers, takeovers, and buyouts to help managers understand the process better. The author also shows why buyouts have now become popular in the international marketplace. An extensive review of the available literature includes many illustrative realworld examples, and the author's own empirical studies are included to demonstrate management perceptions toward different aspects of the restructuring process. Both current and future managers will find this book enlightening and provocative reading.

About this title

Book Description:

This volume provides a comprehensive and detailed examination of the restructuring of American business which has resulted from a spate of large-scale mergers, acquisitions, takeovers, and buyouts. Alkhafaji explores the reasons for the increasing popularity of takeovers, mergers, and buyouts; who benefits from and who is affected by these strategies; who loses and who wins in the process; the international aspects of corporate restructuring; and the future implications for financial and senior managers.

About the Author:

ABBASS F. ALKHAFAJI is Associate Professor of Management at Slippery Rock University. His previous works include A Stakeholder Approach to Corporate Governance (Quorum, 1989), and he is co-author of International Management Challenge. He is the editor of the International Academy of Management and Marketing Proceedings, Management Magazine, and International Consumer Marketing News.

About this edition

• Publisher: Praeger
• Publication date: 1990
• ISBN 10: 0899305733
• ISBN 13: 9780899305738
• Binding: Hardcover
• Number of pages: 208