Essays about: "mergers and acquisitions valuation"

Showing result 1 - 5 of 19 essays containing the words mergers and acquisitions valuation.

  1. 1. Currency and Valuation Effects on Cross-Border Mergers and Acquisitions

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Filip Vennerström; Madeleine Peters; [2024]
    Keywords : Firm valuation; Cross-Border M A; Foreign Direct Investment; Currency Devaluation and M A; Exchange Rate Impact and M A;

    Abstract : This thesis explores the impact of micro- and macroeconomic factors on cross-border merger and acquisition (M&A) decisions, focusing on the influence of currency movements and firm valuations. Employing a quantitative approach, it examines foreign investors' attitudes towards economies with depreciating currencies, hypothesizing that firms in financially stronger countries are more likely to acquire firms in weaker economies. READ MORE

  3. 2. ABB Chasing Higher Margins - Focuses on Core Business

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Lovisa Berglund; Filip Fröjd; [2023]
    Keywords : Mergers and Acquisitions; Divestment; Conglomerate;

    Abstract : In this paper the divestment of a business unit made by the Swedish-Swiss company ABB to the Japanese company Hitachi will be studied. The paper follows a case study methodology and aims to answer why ABB made this divestment as well as if the transaction was successful and at a fair price. READ MORE

  4. 3. Unlocking the True Value of Intellectual Capital: A Study of the Valuation Relevance of Intellectual Capital in an M&A Intensive Era

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Filippa Oldenburg; Elisabeth Scharp; [2023]
    Keywords : Valuation Relevance; Value Relevance; M A; Performative; Intellectual Capital;

    Abstract : Capital market actors must understand the fundamental value-drivers in society, yet accounting standards face difficulties in capturing Intellectual Capital (IC) information. Meanwhile, the number of acquisitions is ever-growing, but research on the valuation relevance of IC in mergers and acquisitions (M&A) is lacking. READ MORE

  5. 4. The Impact of Mergers & Acquisitions on Credit- and Investment risk. : -Evidence from Sweden

    University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Author : Casper Dahlberg; Max Lundberg; [2022]
    Keywords : Mergers Acquisitions; M A; Credit Risk; Investment Risk; Default Risk; The Institutional Imperative; Merton’s Distance-to-Default model; Merton’s DD; Value-at-Risk; VaR; Tail risk.;

    Abstract : We examine the impact of Mergers & Acquisitions on credit- and investment risk using a sample of 402 acquisitions by 215 Swedish firms from 2000 to 2020. We find significant evidence that, on average, M&A increases the credit risk and inversely decreases the investment risk of the acquiring firm. READ MORE

  6. 5. Estimating the Expected Pay-out of Earnout Contracts in Private Acquisitions

    University essay from KTH/Matematik (Avd.)

    Author : Adam Wuilmart; Erik Harrysson; [2022]
    Keywords : Earnout Contracts; Valuation; Mergers Acquisitions; Private Equity; Monte Carlo Simulation; Contingent Considerations; Tilläggsköpeskilling; Värdering; Bolagsförvärv; Black-Scholes; Monte Carlo Simulering; Optioner;

    Abstract : The growth of private equity, as well as consolidation trends across other industries, have produced a strong and vibrant mergers and acquisitions market. A challenge during these acquisitions is information asymmetry, which makes agreeing on the transaction price a challenge. READ MORE