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The Impact of Mergers and Acquisitions on Company Performance: Evidence from Emerging Capital Markets of Europe
P. 159–172.
Language:
English
Vinogradova V., Digest Finance 2021 Vol. 26 No. 1 P. 4–25
The article presents the basic principles of the event research methodology, which is one of the most popular empirical tools in corporate finance, and mergers and acquisitions. It introduces the main methodoloigies for calculating expected and abnormal returns, the main approaches for testing abnormal returns and measuring the statistical significance of the results and it ...
Added: April 9, 2021
Chirkova E. V., Petrov V., Экономический журнал Высшей школы экономики 2017 Т. 21 № 3 С. 482–514
This paper presents the results of a study of insider trading prior to the significant corporate events of the Russian public companies in 2005–2015. We detected the difference in the volumes of trading of Russian stocks and depositary receipts. The study is based on an analysis of cumulative abnormal returns (ACAR) and abnormal trading volumes ...
Added: January 29, 2018
Partin I., Васин А. Д., Корпоративные финансы 2014 № 3 (31) С. 23–37
For today in academic literature there is no consensus about what factors determine the probability of a company to participate in M&A deals. Determinants of company’s M&A activity seem to be the issue of current importance. During the corporate life cycle there are changes in most company’s financial indexes. That is why the corporate life ...
Added: October 4, 2016
Rodionov I. I., Mikhalchuk V. B., Современная конкуренция 2015 Т. 6 № 54 С. 38–52
M&A decisions are vital for long-term development of emerging market companies. Existing research pays little attention to studying structure of synergy and valuation of synergy in M&A deals, initiated by private companies.
Therefore, there are no inclusive methods exist to analyze different components of financial and operating synergy. This article aims to systematize existing literature about ...
Added: March 27, 2016
Dolgopyatova T. G., / Series "Serie di Studi Scentifici". 2012. No. 1.
The paper studies recent development in organization and behavior of Russian firms against the background of economic growth, the world crisis and post-crisis recovery. The main focus of the paper is a problem of investment, including foreign direct investment as a key determinant of Russian enterprises restructuring and modernization. In the context special attention was ...
Added: June 28, 2012