BİRLEŞME VE SATIN ALMALARIN TOPLUMSAL REFAH BOYUTU

Abstract

Birleşme ve satın almaların toplumsal refah üzerine etkisi konusunda çok sayıda çalışma yapılmıştır. Bu çalışmada ise birleşme ve satın almaların toplumsal refah üzerine etkisi konusunda bazı seçilmiş çalışmaların gözden geçirilmesi amaçlanmaktadır. Bu çalışmaların incelenmesi ile ortaya çıkan en önemli bulgu çalışma sonuçlarının büyük ölçüde farklılık gösterdiğidir. Çalışmaların çoğunda birleşme ve satın almaların fiyatta yarattığı değişme ile tüketicilerin refahı, karda yarattığı değişme ile de üreticilerin refahı üzerine olan etkisine bakılmaktadır. Bununla birlikte çalışmaların her birinde toplumsal refahı oluşturan unsurların bir veya ikisi ele alınmakta; unsurların hepsine (tüketiciler, üreticiler, hissedarlar, rekabetçiler, işverenler ve çalışanlar) bir bütün olarak bakılmamaktadır.

Keywords

• Yatay Birleşme, Dikey Birleşme, Çapraz Birleşme, Satın Alma, Toplumsal Refah, Rekabet

SOCIAL WELFARE DIMENSION OF MERGERS AND ACQUISITIONS

Abstract

A vast number of studies have been conducted about the impact on social welfare of mergers and acquisitions. In this study, some selected studies of the impact of mergers and acquisitions on social welfare is aimed to review. After examining these studies, the most important finding of these studies is the results vary greatly. In most studies, the impact on the profit created by the change in price of mergers and acquisitions and the welfare of the consumers as well as the impact on welfare of producers. However, each of these studies, the components of social welfare are discussed without including all of the elements (consumers, producers, shareholders, competitors, employers and employees) as a whole

Keywords

• Horizontal Merger, Vertical Merger, Conglomerate Merger, Acquisition, Social Welfare, Competition

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