Reasons for Expansion

K. Midgley and R. G. Burns

Chapter 11 in Business Finance & the Capital Market, 1969, pp 181-191 from Palgrave Macmillan

Abstract: Abstract In tracing the various motivating forces underlying expansion, the first possibility to be considered is that of organisation and planning leading to the economies of large-scale enterprise. Other possibilities followed up are mergers, for the purpose of establishing greater control over the sources of raw materials and markets, or for gaining the advantages of diversification, or simply to eliminate competition. The evolution of the industrial leviathans is then considered. The chapter concludes with a brief comment on the desirability of a favourable economic environment.

Keywords: Capital Market; Small Firm; Large Firm; Business Finance; Technical Economy (search for similar items in EconPapers)
Date: 1969
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DOI: 10.1007/978-1-349-15309-1_11

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