Evidence of Acquiror Learning in Mergers and Acquisitions

Download Evidence of Acquiror Learning in Mergers and Acquisitions PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 150 pages
Book Rating : 4.:/5 (42 download)

DOWNLOAD NOW!


Book Synopsis Evidence of Acquiror Learning in Mergers and Acquisitions by : Mathew Lisle Alister Hayward

Download or read book Evidence of Acquiror Learning in Mergers and Acquisitions written by Mathew Lisle Alister Hayward and published by . This book was released on 1999 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Learning from market feedback

Download Learning from market feedback PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)

DOWNLOAD NOW!


Book Synopsis Learning from market feedback by : Anjana Rajamani

Download or read book Learning from market feedback written by Anjana Rajamani and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Advances in Mergers and Acquisitions

Download Advances in Mergers and Acquisitions PDF Online Free

Author :
Publisher : Emerald Group Publishing
ISBN 13 : 1800717199
Total Pages : 144 pages
Book Rating : 4.8/5 (7 download)

DOWNLOAD NOW!


Book Synopsis Advances in Mergers and Acquisitions by : Cary L. Cooper

Download or read book Advances in Mergers and Acquisitions written by Cary L. Cooper and published by Emerald Group Publishing. This book was released on 2021-09-29 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 20 of Advances in Mergers and Acquisitions explores a range of issues relevant to a post-Covid world and the ensuing recession and is of interest to scholars in strategic management, organization theory, and organizational behaviour who are studying questions around mergers and acquisitions.

Mergers and Acquisitions: Inplications for policy

Download Mergers and Acquisitions: Inplications for policy PDF Online Free

Author :
Publisher : Taylor & Francis
ISBN 13 : 9780415226288
Total Pages : 520 pages
Book Rating : 4.2/5 (262 download)

DOWNLOAD NOW!


Book Synopsis Mergers and Acquisitions: Inplications for policy by : Simon Peck

Download or read book Mergers and Acquisitions: Inplications for policy written by Simon Peck and published by Taylor & Francis. This book was released on 2002 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This set includes articles from the four main fields which have influenced the study of Mergers and Acquisitions: Economics, Finance, Strategic Management and Human Resource Management. Featuring the key papers by individuals who shaped the field, the collection presents these formative pieces in thematically grouped sections, including coverage of: * Perspectives on the modern business corporation and the role of mergers and acquisitions: historical, financial, strategic and management * Causes of mergers and acquisitions activity * Performance impact of mergers and acquisitions activity * Public policy and the corporation The set features a comprehensive index and original introductory material.

Organizational Psychology of Mergers and Acquisitions

Download Organizational Psychology of Mergers and Acquisitions PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1317600479
Total Pages : 213 pages
Book Rating : 4.3/5 (176 download)

DOWNLOAD NOW!


Book Synopsis Organizational Psychology of Mergers and Acquisitions by : Camelia Oancea

Download or read book Organizational Psychology of Mergers and Acquisitions written by Camelia Oancea and published by Routledge. This book was released on 2020-06-08 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizational Psychology of Mergers and Acquisitions provides a comprehensive perspective that helps you understand, empathise and protect the wellbeing of employees who experience mergers and acquisitions. This book gives a state-of-the-art review that crosses different subjects within psychology including psychobiology, neuroscience, social psychology, interpersonal relationships, and organizational psychology. This book discusses why many employees think of mergers or acquisitions as scary or threatening events, why negative emotions are prevalent, their psychobiological impact and how to assess employees’ emotional responses using a new toolkit. It helps readers learn what counts as good leadership, considering the role of charisma, personality, context and information processing abilities. This book includes the issue of organizational learning, and the relevance of occupational health and safety to due diligence about mergers and acquisitions through case studies about organizations sued for cancer or cancer-related mortality after a merger or acquisition. This book is mandatory reading for students, academics, and practitioners working with organizations experiencing a merger or an acquisition such as consultants, human resource professionals, psychologists, occupational health professionals, and employees involved in strategy, management, or people development.

Creating Value From Mergers And Acquisitions

Download Creating Value From Mergers And Acquisitions PDF Online Free

Author :
Publisher : Pearson Education India
ISBN 13 : 9788177588705
Total Pages : 622 pages
Book Rating : 4.5/5 (887 download)

DOWNLOAD NOW!


Book Synopsis Creating Value From Mergers And Acquisitions by : Sudarsanam

Download or read book Creating Value From Mergers And Acquisitions written by Sudarsanam and published by Pearson Education India. This book was released on 2003-09 with total page 622 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cross-border Mergers and Acquisitions

Download Cross-border Mergers and Acquisitions PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 1137357622
Total Pages : 253 pages
Book Rating : 4.1/5 (373 download)

DOWNLOAD NOW!


Book Synopsis Cross-border Mergers and Acquisitions by : O. Morresi

Download or read book Cross-border Mergers and Acquisitions written by O. Morresi and published by Springer. This book was released on 2014-11-19 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since their explosion in the mid-1990s, mergers and acquisitions (M&As) have turned into a global phenomenon with growing prevalence. A large number of theoretical and empirical studies focus on cross-border deals from several perspectives, such as motives, strategic issues, and performance. Most books treat these studies as specific characteristics of M&As, paying little attention to the distinctive elements that differentiate them from domestic operations. In short, there is now a real need for a fresh review and categorization of cross-border deals. Cross-Border Mergers and Acquisitions is the first book to provide readers with a complete guide to understanding the main concepts, theories, and results driving cross-border M&As. Morresi and Pezzi present an original framework that ties together the growing body of theoretical and empirical studies on the topic. This work describes the relevance of the phenomenon in terms of its economical, geographical, and historical impact, and analyzes the market- and accounting-based performance of cross-border deals.

Mergers and Acquisitions: Performance consequences

Download Mergers and Acquisitions: Performance consequences PDF Online Free

Author :
Publisher : Taylor & Francis
ISBN 13 : 9780415226271
Total Pages : 494 pages
Book Rating : 4.2/5 (262 download)

DOWNLOAD NOW!


Book Synopsis Mergers and Acquisitions: Performance consequences by : Simon Peck

Download or read book Mergers and Acquisitions: Performance consequences written by Simon Peck and published by Taylor & Francis. This book was released on 2002 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: This set includes articles from the four main fields which have influenced the study of Mergers and Acquisitions: Economics, Finance, Strategic Management and Human Resource Management. Featuring the key papers by individuals who shaped the field, the collection presents these formative pieces in thematically grouped sections, including coverage of: * Perspectives on the modern business corporation and the role of mergers and acquisitions: historical, financial, strategic and management * Causes of mergers and acquisitions activity * Performance impact of mergers and acquisitions activity * Public policy and the corporation The set features a comprehensive index and original introductory material.

The Impact of Merger and Acquisition Activities on Corporate Performance Measured on an Accounting and Market Base

Download The Impact of Merger and Acquisition Activities on Corporate Performance Measured on an Accounting and Market Base PDF Online Free

Author :
Publisher : GRIN Verlag
ISBN 13 : 3656475709
Total Pages : 115 pages
Book Rating : 4.6/5 (564 download)

DOWNLOAD NOW!


Book Synopsis The Impact of Merger and Acquisition Activities on Corporate Performance Measured on an Accounting and Market Base by : Malwina Woznik

Download or read book The Impact of Merger and Acquisition Activities on Corporate Performance Measured on an Accounting and Market Base written by Malwina Woznik and published by GRIN Verlag. This book was released on 2013-08-07 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2013 in the subject Business economics - Controlling, grade: 1,3, University of Cologne (Seminar für allgemeine BWL und Controlling), language: English, abstract: “Warren Buffett swallows Heinz: Sauce for the sage” – a typical takeover announcement was published lately on 14th February 2013. Warren Buffett, a well known inves tor, acquired along with the financial investor 3G Capital the H. J. Heinz Company for $ 28 billion. This is likely to become the largest transaction in the food industry. The company's stock price rose more than 20.0 percent after the publication which is a very characteristic reaction to deal announcements. Hence, the important question is, if transactions, such as the takeover of the H. J. Heinz Company, affect the corporate performance consistently. In general, the core idea about mergers and acquisitions (M&A) is to generate additional future growth if for example organic growth is limited. If two companies merge or a target is bought by another company (the acquirer), shareholders believe in synergy effects. These are revenue enhancements, cost reductions, tax gains and reduced capital requirements leading to business growth and thus to a higher value of the new company. However, it is questionable if this theory can also be experienced in the real world. Ever since the effects of M&A have been analysed, the market of the United States (US) was used as data source. This is plausible due to the fact that the very first information was well recorded for US companies. It is remarkable that literature contributes very little research on Europe, although the number of announced European transactions is comparable to those of the US. For example, in 2007 the European deals volume overtook the one from the United States of America (USA) for the first time. Moreover, research on single European countries almost never exists or only rarely. One exception is the United Kingdom (UK) with an early takeover history beginning in the 1960s. However, European countries should be analysed separately because of its high diversity regarding the accounting framework, the corporate governance or the legal and regulation structure. For instance, Germany is characterised by conservative accounting principles and a high regulation by the banking sector. These issues may also influence the M&A decision making process.

You're Not Fired as a Result of Mergers, Acquisitions & Reorganizations

Download You're Not Fired as a Result of Mergers, Acquisitions & Reorganizations PDF Online Free

Author :
Publisher : AuthorHouse
ISBN 13 : 1425925138
Total Pages : 41 pages
Book Rating : 4.4/5 (259 download)

DOWNLOAD NOW!


Book Synopsis You're Not Fired as a Result of Mergers, Acquisitions & Reorganizations by : D.N.S.

Download or read book You're Not Fired as a Result of Mergers, Acquisitions & Reorganizations written by D.N.S. and published by AuthorHouse. This book was released on 2015-07-23 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a no non-sense, practical, how-to-do book on surviving and even coming out ahead from mergers, acquisitions and reorganizations. The author has shared 29 years of first-hand experience during which he has survived through seven mergers and several reorganizations and even moved up in the company. The book has provided an in-depth discussion on pre-merger activities and three phases of merger, acquisition and reorganization activity. The book also provides work sheets to assess where one is in doing the right things during merger, acquisition and reorganization. The reader will benefit in his or her career by following the teachings of this book.

Mergers and Acquisitions: Perspectives

Download Mergers and Acquisitions: Perspectives PDF Online Free

Author :
Publisher : Taylor & Francis
ISBN 13 : 9780415226257
Total Pages : 512 pages
Book Rating : 4.2/5 (262 download)

DOWNLOAD NOW!


Book Synopsis Mergers and Acquisitions: Perspectives by : Simon Peck

Download or read book Mergers and Acquisitions: Perspectives written by Simon Peck and published by Taylor & Francis. This book was released on 2002 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: This set includes articles from the four main fields which have influenced the study of Mergers and Acquisitions: Economics, Finance, Strategic Management and Human Resource Management. Featuring the key papers by individuals who shaped the field, the collection presents these formative pieces in thematically grouped sections, including coverage of: * Perspectives on the modern business corporation and the role of mergers and acquisitions: historical, financial, strategic and management * Causes of mergers and acquisitions activity * Performance impact of mergers and acquisitions activity * Public policy and the corporation The set features a comprehensive index and original introductory material.

Evaluating Merger Activity Using a Quantitative Case Study Approach to Aid in the Determination If Mergers and Acquisitions are a Strategic Advantage to the Creation of Financial Value for Acquiring Company Shareholders

Download Evaluating Merger Activity Using a Quantitative Case Study Approach to Aid in the Determination If Mergers and Acquisitions are a Strategic Advantage to the Creation of Financial Value for Acquiring Company Shareholders PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 149 pages
Book Rating : 4.:/5 (128 download)

DOWNLOAD NOW!


Book Synopsis Evaluating Merger Activity Using a Quantitative Case Study Approach to Aid in the Determination If Mergers and Acquisitions are a Strategic Advantage to the Creation of Financial Value for Acquiring Company Shareholders by : John R. Tuggle

Download or read book Evaluating Merger Activity Using a Quantitative Case Study Approach to Aid in the Determination If Mergers and Acquisitions are a Strategic Advantage to the Creation of Financial Value for Acquiring Company Shareholders written by John R. Tuggle and published by . This book was released on 2021 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporations use a merger and acquisition strategy for business and profitability growth (Akinbuli & Kelilume, 2013), and this methodology for growth is common because mergers and acquisitions provide most companies the ability to achieve growth at a much faster pace than they would experience through organic methods (Gaughan, 2013). Despite the popularity of this growth strategy, mergers and acquisitions are not overly successful and a large amount of empirical evidence shows that acquiring organizations involved in the merger are likely to break- even at best, and have a complete failure at worst (Brouthers, Hastenburg & Ven, 1998). This quantitative case study will identify four merger and acquisition transactions that occurred between 1991 and 1994, from highly prominent corporations that were selected from the technology sector in order to provide an unbiased metric for gauging merger and acquisition success. The acquiring company’s total shareholder return is the unbiased metric used in this research and was calculated at three unique intervals. The intervals used were six months before the merger to six months after the merger, 12-months before the merger to 12-months after the merger, and 18-months before the merger to 18-months after the merger. The intervals were used to aid in evaluating the outcome from the merger transaction in order to gauge if the transactions provided a creation of value for the acquiring corporation’s shareholder. This research could benefit a shareholder or stakeholder in a company that utilizes mergers and acquisitions as part of their organization’s growth strategy as well as merger and acquisition teams to better identify successful transactions in order to model future strategy.

Anchoring in Mergers & Acquisitions

Download Anchoring in Mergers & Acquisitions PDF Online Free

Author :
Publisher : GRIN Verlag
ISBN 13 : 365631523X
Total Pages : 89 pages
Book Rating : 4.6/5 (563 download)

DOWNLOAD NOW!


Book Synopsis Anchoring in Mergers & Acquisitions by : Jan Gropp

Download or read book Anchoring in Mergers & Acquisitions written by Jan Gropp and published by GRIN Verlag. This book was released on 2012-11-20 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2012 in the subject Business economics - Investment and Finance, grade: 1.0, Copenhagen Business School, course: Corporate Finance, language: English, abstract: Several studies show that people are often influenced by reference points which are derived from the context at hand in estimations or decisions under uncertainty. This analysis deals with the importance of reference points in the UK and to a lesser extent the European takeover market. Applying "prospect theory" to equity investment we would predict that shareholders value gains and losses relative to a reference point in a very human fashion. In a psychological bias called the "anchoring effect", investors adopt irrelevant salient anchor values as reference points and are biased towards these. We follow these predictions and, in this thesis, test historic peak prices as anchor values in corporate takeovers for bidder and target management as well as shareholders. Firstly, we analyze whether bid prices are affected by the 13-, 26-, 39-, 52- and 65-week high prices. Secondly, we are interested in whether for companies whose valuation has fallen far from the historic peaks, these anchor values are of lesser relevance, consistent with the S-shaped form of the prospect theory value function. Finally, bidding above the historic peak prices is tested and analyzed, in whether this entails a higher probability of bidding success. For the purpose of the thesis, a dataset of in total 1602 takeover bids for listed companies in the United Kingdom (1559), Germany (36) and Poland (7) from Thomson ONE Banker was constructed. The sample includes bids announced and completed in the time period of 1985 - 2011. Data on stock price history for the target companies was extracted from Thomson Reuters Datastream. OLS regression, Gaussian Kernel Regression, Piecewise Linear Regression and Probit regressions are the tools employed to thoroughly analyze the data. We find that all historic reference values examined exhibit statistically significant impact on the bidder offer prices with diminishing impact of the reference prices observed for extreme values. Importantly, no statistically significant evidence that bidding above historic peak prices secures a higher acceptance rate from target shareholders was discovered. This finding does not support the reference point thinking for target shareholders. The same is true for offer price increases. Offer prices below peak prices do not carry a higher probability of being amended than offer prices ranging above reference prices.

The Liquidation/Merger Alternative

Download The Liquidation/Merger Alternative PDF Online Free

Author :
Publisher : Beard Books
ISBN 13 : 9781587981579
Total Pages : 212 pages
Book Rating : 4.9/5 (815 download)

DOWNLOAD NOW!


Book Synopsis The Liquidation/Merger Alternative by : Michael J. Peel

Download or read book The Liquidation/Merger Alternative written by Michael J. Peel and published by Beard Books. This book was released on 2003 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a reprint of a previously published book. It deals with providing a rationale as to why some companies that appear to be on the brink of corporate collapse are taken over rather than entering into receivership. Do not put Lightning logo on cover.

Accounting for M&A

Download Accounting for M&A PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1000066525
Total Pages : 331 pages
Book Rating : 4.0/5 ( download)

DOWNLOAD NOW!


Book Synopsis Accounting for M&A by : Amir Amel-Zadeh

Download or read book Accounting for M&A written by Amir Amel-Zadeh and published by Routledge. This book was released on 2020-04-29 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: Spending on M&A has, in aggregate, grown so fast that it has even overtaken capital expenditure on increasing and maintaining physical assets. Yet McKinsey, the leading management consultancy, reports that "Anyone who has researched merger success rates knows that roughly 70% fail". The idea that businesses might be using huge and increasing sums of shareholders’ money for an activity that more often than not leads to failure calls into question the information on which M&A decisions are based. This book presents statistical studies, case material, and standard-setters’ opinions on company accounting before, during, and after M&A. It documents the manipulation of annual accounts by acquirers ahead of share for share bids, biased forecasts of post-merger earnings by bidders, and devices to flatter earnings when recording the deal. It explores the challenges for standard-setters in regulating information flows during and after M&A, and for account-users wishing to learn from financial statements how a deal has affected performance. Drawing on a wide range of international examples, this readable book is targeted not just at accounting specialists but at anyone who is comfortable reading the serious financial press, is intrigued by what is going on in the massive M&A market, and is concerned with achieving better-informed M&A. As such it might be of particular interest to business executives, lawyers, bankers, and investors involved in M&A as well as graduate students interested in researching or learning about the role of accounting in M&A.

Mergers and Acquisitions An Empirical Study of Selected Indian Companies

Download Mergers and Acquisitions An Empirical Study of Selected Indian Companies PDF Online Free

Author :
Publisher : Archers & Elevators Publishing House
ISBN 13 : 938650149X
Total Pages : pages
Book Rating : 4.3/5 (865 download)

DOWNLOAD NOW!


Book Synopsis Mergers and Acquisitions An Empirical Study of Selected Indian Companies by : Dr Leesa Mohanty

Download or read book Mergers and Acquisitions An Empirical Study of Selected Indian Companies written by Dr Leesa Mohanty and published by Archers & Elevators Publishing House. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Mergers and Acquisitions

Download Mergers and Acquisitions PDF Online Free

Author :
Publisher :
ISBN 13 : 9781326482787
Total Pages : 208 pages
Book Rating : 4.4/5 (827 download)

DOWNLOAD NOW!


Book Synopsis Mergers and Acquisitions by : Paula Simeon

Download or read book Mergers and Acquisitions written by Paula Simeon and published by . This book was released on 2016-02-21 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes a contribution towards the development of M&A pedagogy. The book is based on an empirical study on UK listed companies, which focuses on the impact of the acquiring firm's motives for acquisition on the post-acquisition performance. Findings suggest a strong correlation between merger motives and post-acquisition performances and have practical implications for re-searchers, practitioners, and policy makers. M&A is a phenomenon that focuses on the growth of businesses. As a result of on-going globalisation and continued economic development, M&A is increasing on an expedited trajectory across the globe. The education and training need as a consequence of the eruption of this phenomenon, which may enable managers, CEOs, and investors to under-stand the art of M&A, is therefore axiomatic. This book has been designed to satisfy the growing management education /training requirement and in particular it aims to offer a reference point in the territory for business management educators.