Shorebank and Indecorp (C)

8 Pages Posted: 21 Oct 2008

See all articles by Elizabeth A. Powell

Elizabeth A. Powell

University of Virginia - Darden School of Business

Sheila McMillen

affiliation not provided to SSRN

Multiple version iconThere are 2 versions of this paper

Abstract

The C case (see also the A [E-0120] and B [E-0121] cases) opens with Shorebanks announcement that it will acquire Indecorp. From Shorebanks perspective, the merger affords an opportunity to further its mission by widening the market base that it already serves. Despite Shorebank's excellent lending record, public controversy erupts over the white-owned firms acquisition of black-owned Indecorp. Public perceptions of the deal vary, but several black-community activists are outspoken in their opposition to the merger.

Keywords: mergers and acquisitions, community relations, corporate social responsibility, minorities in business

Suggested Citation

Powell, Elizabeth A. and McMillen, Sheila, Shorebank and Indecorp (C). Darden Case No. UVA-E-0122. Available at SSRN: https://ssrn.com/abstract=908394

Elizabeth A. Powell (Contact Author)

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States
434-982-2730 (Phone)

HOME PAGE: http://www.darden.edu/faculty/Powell.htm

Sheila McMillen

affiliation not provided to SSRN

No Address Available

Register to save articles to
your library

Register

Paper statistics

Downloads
37
Abstract Views
435
PlumX Metrics
!

Under construction: SSRN citations will be offline until July when we will launch a brand new and improved citations service, check here for more details.

For more information