A merger or acquisition is usually a challenging endeavor with a single ultimate aim: to create value for the owner. However, stakeholder theory shows how such a narrow and one-sided focus is detrimental to value-creation in general - not only for other stakeholders within and outside the organization, but also for the owner. Especially in a merger or an acquisition, it is evident that there are many groups and individuals who have a stake in the success or failure of a business. So far, the overwhelming majority of research in the field of mergers and acquisitions has focused on the merging organizations, and so researchers have mainly studied internal stakeholder groups, such as employees and managers. This book shows how different stakeholders, internal and external, may play a critical role during a merger or an acquisition process. The book builds on empirical examples that illustrate how various stakeholders play active roles throughout the different phases, and, thus, ultimately affect the outcome and the value formation process of the merger or the acquisition. There is still much debate on how and when to best measure the outcome of a merger or an acquisition. With its comprehensive focus on stakeholders, this volume explores why some mergers and acquisitions fail while others succeed.

This collection of essays describes and analyzes the legal regimes governing directors' liability for corporate fault and default across eleven important trading jurisdictions. It asks:
- Are the reform provisions, especially director duties of 'due diligence, ' sharply enough aimed to attain the goal of corporate accountability?
- Will it be easy or difficult for defendants to establish that due diligence was exercised?
- Is it possible that more reliance on self-policing may lead to less documenting and reporting of wrongs and dangers?
- What impact may schemes of greater self-monitoring have on State regulation?
- In what ways might corporations react to these demands that they become guardians of the public weal?
The authors -- each an authority in his or her respective jurisdiction -- recognize that the reforms are a reaction to the political problems created by the ill fit of the corporation with the economic and political value systems that we purport to hold dear. As they survey the ways that vibrant economies can frame laws to influence the conduct of directors and companies, they invite further exploration into the political, economic, practical, and evolutionary factors that may explain the convergence and divergence of both statute law and judicial doctrines and the desirability or inevitability of this deeply significant trend.

Meyer Raskin is a wealthy Jewish entrepreneur running a large agricultural estate in Belarus on the western outskirts of the Russian Empire in the early 20th century. His wife Chava feels out of place and yearns for the quiet life of a Jewish shtetl. Together they have six children, some of whom help their father on the estate, while others are more interested in pursuing education or getting involved in revolutionary politics. Their lives are interrupted first by the Russian revolution of 1905 and later by World War I, which eventually turns them all into refugees. This is an autobiographical novel based on the author's family.

Meyer Raskin is a wealthy Jewish entrepreneur running a large agricultural estate in Belarus on the western outskirts of the Russian Empire in the early 20th century. His wife Chava feels out of place and yearns for the quiet life of a Jewish shtetl. Together they have six children, some of whom help their father on the estate, while others are more interested in pursuing education or getting involved in revolutionary politics. Their lives are interrupted first by the Russian revolution of 1905 and later by World War I, which eventually turns them all into refugees. This is an autobiographical novel based on the author's family.