Leiden fusies tot efficiëntere woningcorporaties? : Een exploratieve studie naar schaalvoordelen in de sociale huisvesting

Dozens of studies have repeatedly shown that corporate mergers rarely create economic value, no matter whether this is measured in terms of shareholder value or productive efficiency. Whether this finding also applies to other sectors of the economy has, however, hardly been studied in any great detail. The current study aims to help fill this gap. It explores the issue by mapping and studying mergers in the Dutch social housing sector. More in particular, the study asks whether mergers between social housing firms (denoted as ‘woningcorporaties’ in Dutch) lead to an increase in the productive... Mehr ...