Sökning: "target Merger and acquisition"

Visar resultat 1 - 5 av 41 uppsatser innehållade orden target Merger and acquisition.

1. 1. The Relationship Between Beta and Arbitrage Spread in M&A Deals

   Master-uppsats, Göteborgs universitet/Graduate School

   Författare :Daniel Granat; William Fredriksson; [2023-06-29]
   Nyckelord :;

   Sammanfattning : Risk arbitrage is an event-driven investment strategy where the risk arbitrageur aims to capture the arbitrage spread between the target’s stock price and the bid price by the acquiring firm in a merger and acquisition (M&A) deal. Previous research suggests that specific risks connected to the deal as completion or duration risks, as well as firm and bid characteristics, influence the arbitrage spread. LÄS MER

3. 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

4. 3. Capturing killer acquisitions in the digital sector: Article 102, EU Merger Control and Commission’s approach

   Master-uppsats, Lunds universitet/Juridiska institutionen; Lunds universitet/Juridiska fakulteten

   Författare :Markus Pentti Ilari Porkka; [2022]
   Nyckelord :Killer acquisitions; GAFAM; digital sector; digital markets; kill zone; Article 102; potential competitor; Law and Political Science;

   Sammanfattning : The ‘killer acquisition’ -phenomenon has been a subject of heated discussion for past several years. It usually describes as a situation where the target company, commonly a start-up, is acquired by an incumbent and its innovation products are discontinued. LÄS MER

5. 4. The Effects of Domestic and Foreign M&As on Target Firms’ Performances : A study of Swedish target firms in the manufacturing industry

   Master-uppsats, Södertörns högskola/Nationalekonomi

   Författare :Frida Berggren; [2022]
   Nyckelord :merger and acquisition; M A; foreign takeovers; domestic takeovers; firm performances; productivity.;

   Sammanfattning : This paper investigates the difference between domestic and foreign mergers and acquisitions (M&As), by examining both the target selection and the effect M&As have on target firms’ productivity while distinguishing between the size of the target firms. This is done by using a panel data of Swedish firms within the manufacturing industry during the period 2012 to 2020. LÄS MER

7. 5. Return of the SPAC

   Master-uppsats, Göteborgs universitet/Graduate School

   Författare :Joakim Nilsson; Philip Svensson; [2021-06-30]
   Nyckelord :SPAC; Efficient Market Hypothesis; Market anomalies; Event study; Incomplete information JEL;

   Sammanfattning : Past empirical research on Special Purpose Acquisition Companies has demonstrated long-term negative returns following the merger due to the flawed structure, mainly attributed to incomplete information. This paper examines the return of SPACs in the short-term surrounding two events: target deal announcement and merger completion. LÄS MER