Essays about: "mergers shareholders"

Showing result 1 - 5 of 38 essays containing the words mergers shareholders.

1. 1. Payment Method and Public Acquiror Returns: Evidence from the U.S. Market for Corporate Control

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Filip Toncev; [2023]
   Keywords : Mergers Acquisitions; Public Acquiror; Payment Method; Financial Stress; Abnormal Return;

   Abstract : This thesis examines the relationship between method of payment, financial stress, and acquiror abnormal returns using a sample of 676 acquisitions by NYSE, NYSE American, and Nasdaq listed non-financial, non-utility firms. In normal market conditions the results are generally consistent with previous findings, with stock acquisitions of private targets generating the highest abnormal returns. READ MORE

3. 2. Family firms and M&A value creation: Lessons from the Swedish market

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Isak Mölzer; Samuel Philip; [2023]
   Keywords : Family firms; Family ownership; M A; Corporate governance;

   Abstract : This study examines the effect of family ownership on acquirer value creation through mergers and acquisitions (M&A) in Sweden. Sweden makes an interesting case with a high presence of family firms, dual-class share structures, and pyramid holdings, along with strong minority shareholder protection. READ MORE

4. 3. Unlocking Shareholder Value : A Study of Mergers and Acquisitions in Sweden

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Adam Becker; Ludvig Engström; [2023]
   Keywords : mergers and acquisitions; event study; signalling theory; agency theory; strategic fit; cumulative abnormal returns; buy-and-hold abnormal returns; short-term stock performance; long-term stock performance;

   Abstract : This thesis examines whether mergers and acquisitions (M&A), ranging from 2009 to 2020, are value-generating for acquiring shareholders in the short-term and long-term of companies listed on the Stockholm Stock Exchange. A cohesive and integrated theoretical framework is formed in which six firm-specific and deal-specific variables are hypothesized to have varying impacts on both short- and long-term stock performance for acquiring shareholders. READ MORE

5. 4. ESG Performance - Effect on acquisition premium

   University essay from

   Author : Tintin Almqvist; Fredrik Wendt; [2022-07-01]
   Keywords : ESG; Environmental; Social; Governance; Mergers Acquisition M A ; Acquisition; Premium; Gender Diversity; Board Structure;

   Abstract : From a target perspective we investigate how environmental, social and governance (ESG) performance affects the premium paid in acquisitions. ESG has been growing in importance during the last decade, and reporting of non-financial data is increasing. READ MORE

6. 5. ESG performance, a driver for shareholder value creation? Evidence from mergers and acquisitions

   University essay from Göteborgs universitet/Graduate School

   Author : Sebastian Bergström Jonsson; Felicia Sandersnäs; [2022-06-30]
   Keywords : Environmental; social; Environmental; social; and governance ESG performance; Mergers and acquisitions M A ; Value creation; Stakeholder theory; Shareholder theory; Event study; Abnormal returns;

   Abstract : With an increasing demand for firms to become more sustainable, business managers are increasingly using merger and acquisition (M&A) investments as a tool to enhance both environmental, social, and governance (ESG) performance and corporate financial performance (CFP). This study aims to further understand the impact of ESG performance as a factor for creating shareholder value for the acquirers by 1) examining the impact of target firms' ESG performance on acquirer abnormal returns and 2) examining whether high ESG performing targets can help enhance the ESG performance of the acquirer. READ MORE