libcats.org
Главная

Reasons for Frequent Failure in Mergers and Acquisitions. A Comprehensive Analysis

Обложка книги Reasons for Frequent Failure in Mergers and Acquisitions. A Comprehensive Analysis

Reasons for Frequent Failure in Mergers and Acquisitions. A Comprehensive Analysis

Despite the goal of performance improvement, results from mergers and acquisitions (M&A) are often disappointing. Numerous empirical studies show high failure rates of M&A deals. Studies are mostly focused on individual determinants. The literature therefore lacks a more comprehensive framework that includes different perspectives.Using four statistical methods, Thomas Straub shows that M&A performance is a multi-dimensional function. For a successful deal, the following key success factors should be taken into account: Strategic logic which is reflected by six determinants: market similarities, market complementarities, operational similarities, operational complementarities, market power, and purchasing power. Organizational integration which is reflected by three determinants: acquisition experience, relative size, cultural compatibility. Financial / price perspective which is reflected by three determinants: acquisition premium, bidding process, and due diligence.All 12 variables are presumed to affect performance either positively or negatively. Post-M&A performance is measured by synergy realization, relative performance (compared to competition), and absolute performance.
EPUB | FB2 | MOBI | TXT | RTF
* Конвертация файла может нарушить форматирование оригинала. По-возможности скачивайте файл в оригинальном формате.
Популярные книги за неделю:

Ключ к сверхсознанию

Автор:
Категория: Путь к себе
Размер книги: 309 Kb

Древо жизни

Автор:
Категория: Путь к себе
Размер книги: 1.70 Mb

Здоровье надо созидать

Автор:
Категория: Здоровье
Размер книги: 363 Kb

Шликерное литье

Автор:
Категория: science, science, technical
Размер книги: 5.98 Mb
Только что пользователи скачали эти книги:

Спелеонавты

Автор:
Размер книги: 140 Kb

Сумка с книгами

Автор:
Размер книги: 165 Kb

Kittel' Ch. Statisticheskaja termodinamika (ru).djvu

Автор:
Размер книги: 3.83 Mb

Volpone; or, The Fox (Webster's Thesaurus Edition)

Автор:
Размер книги: 2.38 Mb

Never Kiss a Stranger

Автор:
Категория: fiction
Размер книги: 635 Kb