Sökning: "shareholder wealth"

Visar resultat 1 - 5 av 50 uppsatser innehållade orden shareholder wealth.

  1. 1. The Perception and Impact of Cultural Differences in Cross-Border Acquisitions - An analysis of how cultural differences affect the post-acquisition performance of acquiring companies in cross-border acquisitions

    Master-uppsats, Göteborgs universitet/Graduate School

    Författare :Adam Lundquist; Sebastian Strömland; [2022-08-18]
    Nyckelord :Cross-border M A; Cross-border acquisitions; Cultural differences; Cultural distance; Hofstede 6D; M A performance; Cumulative Abnormal Return in M A;

    Sammanfattning : This thesis examines the relationship between cultural differences and the post-acquisition performance of cross-border acquisitions. Cross-border transactions have increased substantially in the last decades which has led to an increase in studies interested in finding key drivers of performance in these transactions. LÄS MER

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

    Master-uppsats, Göteborgs universitet/Graduate School

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

    Sammanfattning : 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. LÄS MER

  3. 3. Does ESG performance influence M&A premium? - A quantitative study of the ESG impact on M&A premium, using an international sample for deals announced from 2003-to 2021

    Master-uppsats, Göteborgs universitet/Graduate School

    Författare :Joel Petersson; Alexandra Tjällman; [2022-06-30]
    Nyckelord :;

    Sammanfattning : This thesis examines the relationship between target firms' ESG performance and M&A premium. This is done through three multivariate regression analyses. The results show that target shareholder wealth during takeovers is positively related to the governance score of the target firm. LÄS MER

  4. 4. Does Sustainability Matter? Analysis of the Impact of Corporate Sustainability on Financial Markets in the Context of Acquisitions

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Jonas Dittrich; Alice Serenhov; [2022]
    Nyckelord :Corporate Sustainability; Sustainability; Mergers and Acquisitions; Financial Markets; Social Sciences;

    Sammanfattning : The concept of sustainable investing has gained importance in recent years, considering the growing share of sustainable investments compared to the total volume of global investments. The rise of sustainable investment has not only led to changes on the part of investors, but also to changes of a strategic nature on the part of companies. LÄS MER

  5. 5. Do spin-offs create shareholder value? The Nordic context

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Författare :Holger Heed; Niklas Blidholm Svensson; [2022]
    Nyckelord :Corporate restructuring; Spin-off; Announcement effect; Abnormal return;

    Sammanfattning : This thesis investigates the magnitude- and determinant factors of the short-term abnormal returns upon announcing voluntary corporate spin-offs. The sample consists of 88 completed Nordic spin-off transactions, announced between 2001 and 2021. LÄS MER