£106.68

Cheaper than 30% of the days we've watched it.

£107 today · 30-day average £110 · all-time low £100

Cambridge University Press Profits in the Long Run

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£110.00 £99.00 £101.40 £103.80 £106.20 £108.60 £111.00 26 July 2026 15 August 2026 05 September 2026 26 September 2026 17 October 2026
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Price range: £100 - £110

Price levels: 4 different prices over 84 days

Description

Profits in the Long Run asks two questions: Are there persistent differences in profitability across firms? If so, what accounts for them? This book answers these questions using data for the 1000 largest US manufacturing firms in 1950 and 1972. It finds that there are persistent differences in profitability and market power across large US companies. Companies with persistently high profits are found to have high market shares and sell differentiated products. Mergers do not result in synergistic increases in profitability, but they do have an averaging effect. Companies with above normal profits have their profits lowered by mergers. Companies with initially below normal profits have them raised. In addition, the influence of other variables on long-run profitability, including risk, sales, diversification, growth and managerial control, is explored. The implications of antitrust policy are likewise addressed.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
03 April 1986
Listed Since
22 January 2007

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