Causes and Control of Financial Risk in Mergers & Acquisitions
نویسندگان
چکیده
منابع مشابه
Mergers and Acquisitions: A Financial Economics Perspective
In this paper, I begin by describing and assessing the different criteria simple criteria used by financial economists to evaluate merger success. I then discuss the empirical evidence on mergers and acquisitions in the corporate finance literature beginning with stock return studies, moving to accounting-based studies, and finishing with some discussion of clinical studies. Next, I discuss wha...
متن کاملMergers and Acquisitions
what a merger is and how it differs from an acquisition; some of the reasons why companies merge; the underlying merger rationales; what a merger driver is; what the primary merger drivers are; the difference between horizontal integration, vertical integration and conglomeration; the basic merger lifecycle and lifecycle phases; some basic measures of success for mergers; the ...
متن کاملMergers, Acquisitions and Control of Telecommunications Firms in Europe
Evidence is presented on twelve large acquisitions by telecommunications firms in Europe. Although the average effect on acquirers’ shareholder value is not significantly different from zero, there is high dispersion in the results. This suggests that detailed studies may uncover important aspects of the constraints that exist in the corporate control market of telecommunications firms. A case ...
متن کاملComplementarities in Mergers and Acquisitions
We examine theoretically and empirically the determinants of the degree of complementarity between bidders and targets in mergers and acquisitions. Our paper extends existing literature, which demonstrates that firms that have stronger complementarities are more likely to become merger partners, by addressing the heterogeneity in bidders’ and targets’ complementarity in observed acquisitions. O...
متن کاملMergers and acquisitions: caution
They say fools of venture where angels fear to tread . Up until now , there's been no precedent for a successful technology merger of the size of the HP and Compaq merger. The most quoted failure is the merger of computer vendors Burroughs and Sperry. In 1986 these two merged their dissimilar operations and very different corporate cultures. Unisys, the resulting company, briefly held second pl...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: International Business Research
سال: 2009
ISSN: 1913-9012,1913-9004
DOI: 10.5539/ibr.v3n1p147