Evidence, argumants and evaluation on whether mergres and acquisitions Essay

Evidence, argumants and evaluation on whether mergres and acquisitions incraese shareholders wealth - Essay Example The following sections of the paper discuss the effects of Mergers and acquisitions on the shareholders’ wealth. Mergers and acquisition have led to the increase of shareholders market presence in certain industries according to Brigham and Houston (2009). This has also led to effective sales and marketing associations by the merging companies. As a result, this leads to increased wealth of the shareholders. Mergers and acquisitions often lead to greater market presence of the companies involved (Fleuriet 2008). Higher market shares that result from mergers and acquisitions often lead to increased purchasing ability and control over suppliers as suggested by Bruner (2004). When an organization buys a product in higher volumes than previously, the purchase cost becomes lower making the company become more price competitive. This has the potential of attracting greater sales and, therefore, higher value to shareholders. Mergers ad acquisitions may lead to improvements in company operations especially in the case of manufacturing companies as suggested by DePamphilis (2011). Therefore by increasing facilities through mergers and acquisitions, the company raises its capacity to manufacture more products or higher quality products. The company as well has its credibility increased which positively increases the shareholders wealth (Maddiganand and Zaima 1985). Mergers and acquisition often lead to symbiotic relationships between the two companies. As a result, the two companies tend to support one another, which in return helps the shareholders realize greater value from their investments. Mergers and acquisitions combine the operations of the two companies leading to higher sales capable of supporting their concurrent higher budgets hence raising the wealth of the shareholders (Cartwright and Schoenberg 2006). In some cases, mergers and acquisitions may not add value to shareholders’ wealth. This happens for example when management of one

Homeland Security-Policy Analysis Essay Example | Topics and Well Written Essays - 1750 words

Homeland Security-Policy Analysis - Essay Example The act pointed out the major reason for the creation of the Homeland Department as the need to prevent radical assault in the U.S. Homeland Security Presidential Directive (HSPD) 12 – Policy for a Common Identification Standard for Federal Employees and Contractors There are several policies related to homeland security. One of these policies is the Homeland Security Presidential Directive 12. This policy is a general recognition standard for federal workforce and contractors. There are broad disparities in the value and security of recognition used to get access to secure amenities where there is the prospective for terrorist attacks. In order to eradicate these disparities, the United States Homeland Security Presidential Directive12 policy is designed to handle the following legal issues: Enhance security Enhance government efficiency Decrease identity fraud Protect individual privacy All these will be achieved through the creation of mandatory, government broad principles for secure and consistent identification given by the federal government to its workers and contractors. This directive policy authorizes a federal principle to implement secure and reliable forms of recognition. The Homeland Security Presidential Directive is based on the following policy legalities: The need to eradicate wide disparities in the quality and security of types of identification used to get access to protected federal and other amenities where there is possibility for terrorist attacks. Therefore, it is the mandate of this policy to improve security, enhance government efficiency, secure individual privacy and decrease identity fraud. This is enabled through establishment of mandatory, government extensive standards for secure and trustworthy identification forms provided for by the federal to its workers and contractors. To execute the above policy task, the secretary of commerce shall propagate in harmony with applicable law, a federal standard for secure and consi stent identification forms not more than six months after the day of the directive in discussion with the state secretary, attorney general, defense secretary and the secretary of Homeland Security. It also involves consultations with the director of office of science and technology and the director of the office of budget and management (OMB) according to Alperen (2011). The secretary of commerce is mandate to review the legal standards regularly and inform the standard as suitable in discussion with the affected agencies. The reason for secure and consistent forms of recognition directive policy which refers to recognition that:; Is provided for based on sound principles for verifying given workers identity Is powerfully resistant to identity deceit terrorist explosion, counterfeiting and interference Can be swiftly valid electronically Is given only by the providers whose trustworthiness has been established by an executive accreditation process The standard for ensuring the abov e characters will involve graduated criteria, from less secure to more secure to guarantee flexibility in choosing the right level of security for every application. The standard shall not concern to recognition associated with state security systems. In a period of not more than four months following the dissemination of the standard, the heads of administrative departments and organizations shall have a program designed to warrant that