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(399)
- Faculty Publications (270)
- October 2007 (Revised February 2008)
- Background Note
Evaluating M&A Deals: Accretion vs. Dilution of Earnings-per-share
When discussing the pros and cons of an acquisition, practitioners often talk about the impact of the deal on the buyer's earnings-per-share (eps). An acquisition is said to be "accretive" if the buyer's eps goes up post-deal; it is "dilutive" if the buyer's eps goes... View Details
- October 2007 (Revised December 2008)
- Background Note
Evaluating M&A Deals: How Poison Pills Work
The poison pill defense against hostile takeovers was invented in 1982 by Martin Lipton, of Wachtell, Lipton, Rosen and Katz. Pills are considered the most effective of all the normal defenses against a hostile bidder. Describes the two basic types of poison pills... View Details
- October 2007 (Revised February 2008)
- Module Note
Evaluating M&A Deals: Introduction to the Deal NPV
Introduces a framework for evaluating mergers and acquisitions. Assumes that the criterion of a good deal is that it creates value for shareholders; i.e., has a positive deal NPV. Looks at the deal NPV from both the buyer's and seller's point of view. Explains how a... View Details
- 16 Oct 2007
- Conference Presentation
Design Theory and Methods
- 07 Sep 2007
- Conference Presentation
Modularity, Transactions, and the Boundaries of Firms: A Synthesis
Keywords: Market Transactions
- 07 Sep 2007
- Conference Presentation
Where Do Transactions Come From? Modularity, Transactions and the Boundaries of Firms
Keywords: Business Ventures
- 2007
- Working Paper
Modularity, Transactions, and the Boundaries of Firms: A Synthesis
This paper constructs a unified theory of the location of transactions and the boundaries of firms. It proposes that systems of production can be viewed as networks of tasks. Transactions, defined as mutually agreed-upon transfers with compensation, are located... View Details
- 27 Apr 2007
- Conference Presentation
Frameworks for Thinking about Modularity, Industry Architecture, and Evolution
- 9 Apr 2007
- Conference Presentation
Architecture, Innovation and Industry Structure
- 2007
- Working Paper
From Manufacturing to Design: An Essay on the Work of Kim B. Clark
By: Sylvain Lenfle and Carliss Y. Baldwin
- 27 Jan 2007
- Lecture
Making Money from Design Architecture
- 11 Jan 2007
- Conference Presentation
How User Innovations become Commercial Products
By: Carliss Y. Baldwin and Eric von Hippel
Keywords: Innovation and Invention
- 2006
- Chapter
Modularity in the Design of Complex Engineering Systems
By: Carliss Y. Baldwin and Kim B. Clark
- July 2006
- Article
Exploring the Structure of Complex Software Designs: An Empirical Study of Open Source and Proprietary Code
By: Alan MacCormack, John Rusnak and Carliss Y. Baldwin