|
|
Net advantage to merging |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Net advantage to mergingThe difference in total post- and pre-merger market value minus the cost of the merger.Net advantage to merging Similar MatchesAbsolute advantageAbsolute advantageThe ability to produce a good at lower cost, in terms of real resources, than another country. In a Ricardian model, cost is in term of only labor. Absolute advantage is neither necessary nor sufficient for a country to export a good. See comparative advantage. Yield advantageYield advantageThe advantage gained by purchasing convertible securities instead of common stock, which equals the difference between the rates of return of the convertible security and the common shares. Distribution Cost AdvantageDistribution Cost AdvantageA source of competitive advantage that depends on the efficient delivery of a product or service to customers. Comparative advantageComparative advantageThe ability to produce a good at lower cost, relative to other goods, compared to another country. In a Ricardian model, comparison is of unit labor requirements; more generally it is of relative autarky prices. With perfect competition and undistorted markets, countries tend to export goods in which they have comparative advantage. See also absolute advantage. Due to Ricardo (1815). Law of Comparative AdvantageLaw of Comparative AdvantageThe principle that, given the freedom to respond to market forces, countries will tend to export goods for which they have comparative advantage and import goods for which they have comparative disadvantage, and that they will experience gains from trade by doing so. Idea due to Ricardo (1815). Further SuggestionsNet advantage of refundingComparative advantage Cost advantage Absolute advantage Kaleidoscope comparative advantage Production Cost Advantage Net advantage to leasing First mover advantage Revealed comparative advantage Advantage Locational advantage Chain of comparative advantage Dynamic comparative advantage Competitive advantage Location specific advantages |
|
|
|