Value created or destroyed in mergers and acquisitions

Goel, Avnee (2011) Value created or destroyed in mergers and acquisitions. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

In today’s global business environment, Mergers and Acquisitions (M&A) have become an important means of growth and survival for the companies. The key principle behind a merger or an acquisition is to create shareholders value since it is believed that two companies together are more valuable than two separate entities. Also these transactions help firms to expand internationally and pursue their other strategic and corporate goals.

In this dissertation, we aim to study the rationales behind mergers and acquisitions and also the impact of such activities on the participating companies. According to existing literature, mergers and acquisitions improve market efficiency by capturing synergies between firms, improve the performance of the company through cost reduction and help to achieve economies of scales. Keeping this in mind, the main focus is of this research would be to study the operating and financial performance of the participating companies and then comparing the pre and post merger performance to evaluate the outcome of the merger on both the firm and the shareholders. This will help us in determining whether the value has been created or destroyed from the merger and/or acquisition.

Item Type: Dissertation (University of Nottingham only)
Depositing User: EP, Services
Date Deposited: 25 Apr 2012 14:48
Last Modified: 27 Dec 2017 22:01
URI: https://eprints.nottingham.ac.uk/id/eprint/25310

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