VALOUCH, Petr and Josef NEŠLEHA. Impact of Mergers on the Company Performance. In Proceedings of the 15th International Scientific Conference European Financial Systems 2018. Brno: ESF MU, 2018, p. 788-793. ISBN 978-80-210-8980-8.
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Basic information
Original name Impact of Mergers on the Company Performance
Authors VALOUCH, Petr (203 Czech Republic, guarantor, belonging to the institution) and Josef NEŠLEHA (203 Czech Republic, belonging to the institution).
Edition Brno, Proceedings of the 15th International Scientific Conference European Financial Systems 2018, p. 788-793, 6 pp. 2018.
Publisher ESF MU
Other information
Original language English
Type of outcome Proceedings paper
Field of Study 50206 Finance
Country of publisher Czech Republic
Confidentiality degree is not subject to a state or trade secret
Publication form printed version "print"
RIV identification code RIV/00216224:14560/18:00103726
Organization unit Faculty of Economics and Administration
ISBN 978-80-210-8980-8
UT WoS 000462948800100
Keywords in English Merger; impact; profitability; ROE; statistical test
Changed by Changed by: Ing. Josef Nešleha, učo 369837. Changed: 15/4/2019 10:49.
Abstract
The paper deals with the impact of a merger on the company financial profitability. A merger usually leads to a stronger position on the market as this is the most frequent reason why companies decide to venture into such a form of synergy. For th e purposes of this research, the following criterion has been taken into account when defining the company performance: ROE (Return On Equity). The test is based on a comparison of the indicators at the moment of the merger and five years after the moment of the merger. To enhance the validity of the test, companies that experienced a merger and companies that have not experienced it are used. The usage of both of the files should help to confirm that the merger itself stands for the indicators improvement. In total, the data file consists of 277 merged companies and 232 companies that have never merged.
Links
MUNI/A/0753/2017, interní kód MUName: Behaviorální, znalostní a ekonomické aspekty ovlivňující investiční rozhodování subjektů
Investor: Masaryk University, Category A
PrintDisplayed: 18/5/2024 17:18