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Evaluation of synergistic effects in M&A deals in the construction industry

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  • Nazarova, Varvara
  • Koshelev, Konstantin

Abstract

The article focuses on models that can assess the efficiency of mergers and acquisitions (M&A) deals by evaluating their synergistic effect. Such studies are much needed in the modern society, which is demonstrated by the current state of the market and various integration processes, which produce quite different results. We analyze M&A deals in developed and developing countries from two corresponding regions, Western Europe and Middle East and North Africa (the MENA region), in an attempt to find the most appropriate model for determining the main factors that influence the efficiency of M&A deals in the construction industry.

Suggested Citation

  • Nazarova, Varvara & Koshelev, Konstantin, 2020. "Evaluation of synergistic effects in M&A deals in the construction industry," Finance Research Letters, Elsevier, vol. 36(C).
    • Handle: RePEc:eee:finlet:v:36:y:2020:i:c:s154461231930282x
    DOI: 10.1016/j.frl.2020.101454
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    References listed on IDEAS

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    1. Cheng, Cong & Yang, Monica, 2017. "Enhancing performance of cross-border mergers and acquisitions in developed markets: The role of business ties and technological innovation capability," Journal of Business Research, Elsevier, vol. 81(C), pages 107-117.
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    More about this item

    Keywords

    Synergistic effect; Mergers and acquisitions; Integration; Evaluation methods; Fixed-effects model; Construction industry;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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