摘要本文采用事件研究法和会计研究法, 对1993-2002 年中国上市公司的1216
个并购重组事件是否创造价值进行了全面分析. 实证研究表明, 并购重组为目标公司创造了价值 …

In the wake of the largest M&A wave in history, it is appropriate to assess the evidence on
the profitability of this activity. One popular view is that merger activity is highly unprofitable …

We examine the performance of 160 pharmaceutical acquisitions from 1994 to 2001 and
find evidence that on average acquirers realize significant positive returns. These returns …

A detailed look at the worst M&A deals ever and the lessons learned from them It's common
knowledge that about half of all merger and acquisition (M&A) transactions destroy value for …

The paper examines the returns to shareholders of acquiring companies in India during the
period 2003-08 and abnormal returns due to the announcement of mergers and acquisitions …

In the early 1940s, a systematic pharmaceutical research was built up and continuously
improved which led to the first archetypes of a modern pharmaceutical company. Protected …

Increasingly, international mergers and acquisitions (IM&As) are becoming the preferred
method of foreign direct investment (FDI). As they occur into and from developing countries …

A significant number of studies have been performed to investigate generic effects of
corporate consolidations on shareholder value. Sector‐focused scrutiny has been lacking …

This article examines the determinants of technology acquisition and performance in a
sample of South Korean international acquisitions (IAs). Derived from the concept of …

This study examines the impact of M&As on the economic performance of merger-involved
firms in Greece at domestic and international M&As using accounting data (financial ratios) …