再论通用-费雪购并案

通用-费雪购并案是企业理论经验研究中被广泛引用的案例。基于整合交易费用与企业能力的企业边界理论证明：通用兼并费雪的原因在于高昂的测度成本、增加的交易频率以及通用汽车生产车体的企业能力的缺乏,而资产专用性并不是导致兼并的主要原因。

The Re-study of the Fisher Body-General Motors Case

The merger and acquisition of the GM-Fisher Body was the example cited widely in the experience study of the firm theories.The theory of the firm boundaries based on the integration of the transaction cost and the firm capabilities explained that the merger and acquisition was due to the expensive measurement cost,the increasing transaction frequency and the GM′s lackness of the capability to produce the car body,but not the asset specificity.