Search results
1 – 5 of 5This chapter assesses the doctrine of reasonable interchangeability through the lens of the US Department of Justice’s (DOJ’s) successful effort to enjoin the megamerger of two of…
Abstract
This chapter assesses the doctrine of reasonable interchangeability through the lens of the US Department of Justice’s (DOJ’s) successful effort to enjoin the megamerger of two of the largest national insurance companies, Aetna and Humana. The DOJ focused its challenge on the companies’ Medicare Advantage business, arguing that it is a separate product market from original Medicare and the merger would substantially reduce competition in the market for Medicare Advantage in many geographic markets across the country. The case turned on whether there was reasonable interchangeability between original Medicare and Medicare Advantage in the eyes of consumers. The judge relied on both practical indicia of interchangeability, including evidence of how likely Medicare beneficiaries were to switch between Medicare Advantage and Original Medicare, along with econometric evidence. The decision provides a useful roadmap of how a knowledgeable judge reviewing a merger will consider both Brown Shoe factors and econometric evidence in assessing reasonable interchangeability.
Details
Keywords
In the post‐1945 period, successive Governments have provided a considerable amount of aid to industry in various forms and under various Acts of Parliament. Governments have…
Abstract
In the post‐1945 period, successive Governments have provided a considerable amount of aid to industry in various forms and under various Acts of Parliament. Governments have tried to alleviate unemployment in the regions by providing assistance to manufacturing firms under the Local Employment Acts. Under the recently passed Industry Act, the Minister for Industry has been empowered to disburse large sums of money to firms not only in the manufacturing industry but also in the job‐creating service industry. When new jobs are created, there is a saving of unemployment benefits to the Exchequer and the earnings of the newly‐employed provide a stimulus to the growth of the local and regional economies and thus benefit the community.
All items listed may be borrowed from the Aslib Library, except those marked *, which may be consulted in the Library.
Hayford Amegbe, Charles Hanu and Farouq Mensah
The purpose of this paper is to examine the role of employees’ behavioural factors in increasing students’ loyalty. It specifically examines the direct and indirect mediations…
Abstract
Purpose
The purpose of this paper is to examine the role of employees’ behavioural factors in increasing students’ loyalty. It specifically examines the direct and indirect mediations between employees’ service quality, trust and intimacy. The focus is on the effects of constructs of service quality (SQLTY), trust (TRUS) and intimacy (INTIMACY) on student loyalty (STLOY).
Design/methodology/approach
This study depended on a positivist research paradigm. A total of 800 structured questionnaires were administered. However, 743 were retrieved and coded for the final analysis. The analytical tool used in this study is the ADANCO 2.0.1 software and in terms of statistical processing, the PLS–SEM technique was utilised.
Findings
The findings on direct relationships reveal that INTIMACY is a strong predictor of STLOY, whereas service quality (SQLTY) is a predictor of trust (TRUS). The effect of indirect mediation between service quality (SQLTY), trust (TRUS) and intimacy (INTIMACY) on STLOY was not confirmed.
Research limitations/implications
The study like any academic work has limitations. Despite these limitations, this study offers theoretical as well as practical value for the research community and administrators of universities and higher educational administrators as a whole.
Practical implications
The study emphasises the critical need for administrators of higher educational institutions to understand that the behaviours of their employees during the service encounter significantly affect intimacy and student loyalty.
Originality/value
The present study is unique because it quantitatively examined how the above-mentioned behavioural factors of employees lead to INTIMACY and STLOY. The use of a university for the research helped to develop a much better explanation of some of the salient considerations for STLOY. The value of this work rests in the complex quantitative relationships studied.
Details
Keywords
Colin Clark, Michael De Martinis and Maria Krambia‐Kapardis
To examine the enabling legislation of European Union (EU) member country supreme audit institutions (SAIs) for their accountability to parliament and independence from the…
Abstract
Purpose
To examine the enabling legislation of European Union (EU) member country supreme audit institutions (SAIs) for their accountability to parliament and independence from the executive arm of government.
Design/methodology/approach
The sample comprises the SAIs of the 25 EU member countries and the European Court of Auditors. Data were collected on 30 accountability and independence issues directly from the enabling legislation of these SAIs.
Findings
Results indicate that apart from a number of instances where the enabling legislation is silent, provisions generally provide for adequate independence of the SAIs from the executive arm of government. On the other hand, the provisions for the accountability of the SAIs to parliament are somewhat weaker.
Research limitations/implications
If actual practice or convention does not reflect the literal interpretation and application of the enabling legislation, then SAIs may have more or less independence and/or accountability than suggested by the analysis of the legislation alone.
Practical implications
Results of this study highlight where current provisions could be further strengthened through appropriate amendments to the enabling legislation.
Originality/value
Such findings may be useful to policy makers and legislators.
Details