Risk Reduction as a Managerial Motive for Conglomerate Mergers
A conglomerate merger generally leads, through the diversification effect, to reduced for the combined entity. As is well known, in perfect capital markets such reduction will...
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A conglomerate merger generally leads, through the diversification effect, to reduced for the combined entity. As is well known, in perfect capital markets such reduction will...
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Earth's natural systems represent a growing threat to human health. And yet, global health has mainly improved as these changes have gathered pace. What is the explanation? As a...
This multiple organ dysfunction score, constructed using simple physiologic measures of dysfunction in six organ systems, mirrors organ dysfunction as the intensivist sees it an...
A paradigm is presented where both the extent of financial intermediation and the rate of economic growth are endogenously determined.Financial intermediation promotes growth be...
Energy-proportional designs would enable large energy savings in servers, potentially doubling their efficiency in real-life use. Achieving energy-proportionality will require s...
The severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) and the disease it causes, coronavirus disease 2019 (COVID-19), is an emerging health threat.1 Until February 20...
If Thomas Kuhn (1962) is correct, a field of inquiry develops in stages. Some members of a field of inquiry recognize anomalies in the foundational beliefs and seek better expla...