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Showing result 21 - 25 of 76 essays matching the above criteria.

  1. 21. The Revaluation Effect Following M&A Withdrawals: Evidence from Europe between 1997-2019

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Anton Gomez; Jonathan Hedin; [2020]
    Keywords : Withdrawn bids; Cancelled bids; Event study; Target revaluation; Cumulative abnormal return; Business and Economics;

    Abstract : The main purpose of this study is to examine the revaluation effect on European target firms following a withdrawn bid. Thereto, investigate if different deal characteristics including method of payment, company status, cross-border versus domestic, and industry relatedness cause any variation in the revaluation effect on target firm wealth. READ MORE

  2. 22. The Impact of Finance Mergers and Acquisitions on Short-Term Performance of Acquiring Companies : An Event Study Focused on the British Isles

    University essay from Jönköping University/IHH, Företagsekonomi

    Author : Juan Jose Ramos Nogales; Kreshnik Elshani; [2020]
    Keywords : Event Study; Mergers and Acquisitions; Abnormal Returns; Cumulative Abnormal Returns; Market Model; Finance; British Isles.;

    Abstract : Background: Mergers and acquisitions (M&A’s) are common ways for businesses to expand, compete, and maintain in competitive business environments. A strongly debated question in literature is whether or not these M&A’s provide measurable benefits, as factors such as industry, geographic location, and regulations play key roles in the impacts of the M&A’s. READ MORE

  3. 23. An Analysis of M&A Activity in the European SME Market and Value Drivers of Post-Merger Performance

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Callum Hutchinson; Lukas Beckmann; [2020]
    Keywords : Mergers and Acquisitions; SMEs; M A Performance; Europe; M A Success Factors; Business and Economics;

    Abstract : Abstract This thesis investigates the impacts pre-merger characteristics play in long-term post-merger performance from a sample of small and medium sized enterprises whom conducted M&A activity within the European Union between the time period of 2011-2013. Using data collected, a quantitative analysis was performed to measure the impact of six separate factors on post-merger performance analyzing the abnormal ROA through the inclusion of pre-merger performance as a control variable. READ MORE

  4. 24. The Impact of Ownership Concentration on M&A Stock Market Performance: A Study of Acquiring Swedish Public Companies

    University essay from Göteborgs universitet/Graduate School

    Author : Gustav Borg; Gustav Zimmerman; [2019-07-02]
    Keywords : Ownership concentration; dual-class shares; corporate governance; mergers and acquisitions; agency cost;

    Abstract : This paper estimates the effects of concentrated ownership of Swedish public companies prior, at and after the announcement of an acquisition. Exploiting the available access to detailed information regarding ownership and control structures in Swedish public companies, we are able to separate voting rights from cash flow rights to estimate ownership concentration. READ MORE

  5. 25. When two become one : A study of the impact of sociocultural factors on the PMI process in cross-border M&As

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Amanda Olsen; John Karlsson; [2019]
    Keywords : Cross-Border M As; Post-Merger Integration; Sociocultural Factors; Culture; Enablers; Constraints; Success Factors;

    Abstract : There is a paradoxical realism as the number of cross-border mergers and acquisitions (M&As) increases on a global scale, despite the fact that organizations’ failure rate to generate the expected value from these cross-border M&As remains high. Researchers have argued that these failures have been connected to the post-merger integration (PMI) process in which multiple challenges are imposed. READ MORE