The wealth effects of mergers and acquisitions to target-companies in USA for the period 1920-2000 : a critical examination of related empirical studies
Journal of Economics and Business - SPOUDAI
View Archive InfoField | Value | |
Title |
The wealth effects of mergers and acquisitions to target-companies in USA for the period 1920-2000 : a critical examination of related empirical studies
The wealth effects of mergers and acquisitions to target-companies in USA for the period 1920-2000 : a critical examination of related empirical studies |
|
Creator |
Παπαδόπουλος, Δημήτριος Λ.
Σουμπενιώτης, Δημήτριος Ν. Ταμπακούδης, Ιωάννης Α. |
|
Subject |
Εξαγορές; Συγχωνεύσεις; Αγορά; Ηνωμένες Πολιτείες Αμερικής
Acquisitions; Mergers; Market; United States of America |
|
Description |
In the present paper we collect and assess the results from a number of empirical studies which deal with the economic impact of mergers and acquisitions to the share value of target-companies in USA. The studies in question cover a time interval from 1920 until 2000 and represent almost the entire studies that evaluate the phenomenon among various business areas. Despite the fact that positive results arise for target-companies shareholders from mergers and acquisitions, the results show significant divergences among studies with overlapping sample periods and/or with common or similar event windows, fact which prevents the derivation of concrete conclusions. |
|
Publisher |
University of Piraeus
|
|
Date |
2008-07-01
|
|
Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
|
Format |
application/pdf
|
|
Identifier |
http://spoudai.unipi.gr/index.php/spoudai/article/view/1313
|
|
Source |
SPOUDAI - Journal of Economics and Business; Vol 58, No 3-4 (2008); 148-166
2241-424X 1105-8919 |
|
Language |
eng
|
|
Relation |
http://spoudai.unipi.gr/index.php/spoudai/article/view/1313/1392
|
|
Rights |
Copyright (c) 2008 SPOUDAI - Journal of Economics and Business
|
|