Advanced Search
MyIDEAS: Login to save this paper or follow this series

Factores que influyen en el descuento del precio de adquisici¢n de empresas no cotizadas en el Reino Unido


Author Info

Registered author(s):


    Dentro del tema de la adquisici¢n de empresas esta investigaci¢n aborda el estudio del descuento que se aplica en el precio de adquisici¢n de empresas cuando ‚stas no cotizan en el mercado de capitales. La estimaci¢n de nuestro modelo utilizando una muestra de empresas no cotizadas que han sido adquiridas entre los a¤os 1998 a 2008 en el Reino Unido nos permite se¤alar que los problemas de liquidez que enfrentan las empresas no cotizadas son determinantes para definir el descuento. Adicionalmente, nosotros tambi‚n verificamos otros factores que podr¡an influir en el descuento, como son los relacionados con la calidad de los estados financieros de las empresas no cotizadas y la informaci¢n asim‚trica, sin embargo estos resultan ser no significativos.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL:
    Our checks indicate that this address may not be valid because: 404 Not Found. If this is indeed the case, please notify (Fortuna-Lindo, Jose M.)
    Download Restriction: no

    Bibliographic Info

    Paper provided by Interuniversity Research Master and Doctorate Program (with a quality mention of ANECA) on "Business Economics", Universities of Valladolid, Burgos, Salamanca and León (Spain). Until 2008, Interuniversity Doctorate Program (with a quality mention of ANECA) “New trends in Business Administration”, Universities of Valladolid, Burgos, and Salamanca (Spain). Master en Investigación y Programa de Doctorado Interuniversitarios (con mención de calidad de la ANECA) en "Economía de la Empresa", Universidades de Valladolid, Burgos, Salamanca y León (España). Hasta 2008, Programa de Doctorado Interuniversitario (con mención de calidad de la ANECA) “Nuevas Tendencias en Dirección de Empresas”, Universidades de Valladolid, Burgos y Salamanca (España). in its series Working Papers "New Trends on Business Administration". Documentos de Trabajo "Nuevas Tendencias en Dirección de Empresas". with number 2009-06.

    as in new window
    Length: 22 pages
    Date of creation: Dec 2009
    Date of revision:
    Handle: RePEc:ntd:wpaper:2009-06

    Contact details of provider:
    Postal: Avda. Valle Esgueva, 6, 47011 Valladolid
    Phone: +34 983 420000 ext. 4392
    Fax: +34 983 423899
    Web page:
    More information through EDIRC

    Order Information:
    Postal: Av. Valle de Esgueva, 6. E-47011-Valladolid (Spain)

    Related research

    Keywords: Adquisiciones; empresas no cotizadas; descuento; factores; Reino Unido.;

    This paper has been announced in the following NEP Reports:


    No references listed on IDEAS
    You can help add them by filling out this form.



    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:ntd:wpaper:2009-06. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Fortuna-Lindo, Jose M.).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.