It has been accepted for inclusion in graduate theses and dissertations by an authorized administrator of scholar commons for more information, please contact [email protected] scholar commons citation krolikowski, marcin, essays on mergers and acquisitions (2014) graduate theses and dissertations. Essays on the economics of mergers & acquisitions dissertationsschrift zur erlangung des grades doctor rerum politicarum (dr rer pol) an der universität passau wirtschaftswissenschaftliche fakultät 2012 vorgelegt von stefan ebner erstgutachter: prof dr michael pflüger zweitgutachter: prof dr lutz. Essays on market strategies of a firm: mergers and acquisitions analysis doctoral dissertation abstract by kerem cakirer my dissertation consists of three essays which focus on the merger decisions made by firms the dissertation focuses on both horizontal mergers and vertical mergers the first essay shows how the. The value of mergers and acquisitions remain a topical issue within the contemporary business world. Abstract this report looks at mergers and acquisitions globally and considers why so many fail despite this scenario, management decision-makers still.
Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of uk essays keywords: concept of mergers and acquisitions submitted by: yatendra kumar discuss the strategic rationales and motives for american. Two essays on mergers and acquisitions by dongnyoung kim a dissertation submitted in partial fulfillment of the requirements for the degree of doctor of philosophy in business administration with a concentration in finance department of finance college of business university of south florida co- major professor:. Companies merge and acquire other companies for a lot of strategic reasons with different degree of success the success of a merger is measured by whether the value of the acquiring firm is enhanced by it the impact of mergers and acquisitions on organization can be small and big in other cases mergers and. An important aspect of strategic management relates to business growth due to mergers and acquisitions both local and international expansion can be fueled by.
Merger and acquisition is defined as a general term used to refer to the consolidation of companies. Read this full essay on company merger and acquisitions companies merge and acquire other companies for a lot of strategic reasons with different degree of. Mergers and acquisitions: should the government encourage or discourage mergers and acquisitions illustrate your essay with specific examples mergers and acquisitions form the subject of much debate in the commercial, academic and regulatory worlds, with various proponents and detractors arguing their points of.
Essays on mergers and acquisitions by di li a dissertation submitted in partial fulfillment of the requirements for the degree of doctor of philosophy (business administration) in the university of michigan 2012 doctoral committee: associate professor amy k dittmar, chair professor e han kim associate professor. Essays on mergers and acquisitions yu yu, ph d cornell university 2010 while innovation and growth can be promoted internally through focus on research and development (r&d), many firms find acquisition from external sources to be a speedy and attractive alternative despite the numerous theories of. This dissertation consists of three essays on cross-border mergers and acquisitions (m&as) the first essay studies horizontal and vertical investments between organization for economic cooperation and development (oecd) countries, while the second essay examines how investment patterns vary by country.
Abstract/summary this thesis examines three important issues in the financial literature strand of m&as the first analysis regards the field of acquisition target prediction (atp) and the construction of profitable investment strategies based on identifying prospective targets and investing in their stock. Abstract this thesis consists of three essays in the first essay, we examine the behavior of the implied volatility of both target and acquirer firms around merger and acquisition announcements we find that option implied volatility is related to the bidder firm's announcement cumulative abnormal return (car-bidder), the. This thesis consists of two essays that explore the impact of mergers and acquisitions on ex-post innovation outcomes of the emerging entity and investigate possible sources of synergistic gains ^ the first essay analyzes the impact of acquisitions on innovation in a high-technology industry employing the fixed effects.