IDEAS home Printed from https://ideas.repec.org/a/jfr/afr111/v7y2018i3p211.html
   My bibliography  Save this article

The Reasons and Evaluations of Mergers and Acquisitions

Author

Listed:
  • Bader Almazur
  • Augustine C. Arize
  • Giuliana Campanelli Andreopoulos
  • John Malindretos
  • Alex Panayides

Abstract

This paper looks at mergers and acquisitions of companies. Specifically, the paper reviews the backdrop of mergers and takeovers, their history, types and reasons, prospects of productivity, synergy, growth, reduction of risk, and associated challenges. The analysis is conducted in the light of mergers and acquisitions in Europe and the United States, which are hotbeds of M&A activities. Through the selected cases, different pre- and post-merger situations are carefully analyzed. The findings are presented in both quantitative and qualitative forms, and the discussion elucidates the findings in light of existing literature on mergers and acquisitions. The paper concludes with solutions to some of the key challenges that mergers and acquisitions face. This exposition contains both text and graphical information and representation of information regarding mergers and acquisition and it provides succinct but relevant analysis of mergers in the 21st century.Â

Suggested Citation

  • Bader Almazur & Augustine C. Arize & Giuliana Campanelli Andreopoulos & John Malindretos & Alex Panayides, 2018. "The Reasons and Evaluations of Mergers and Acquisitions," Accounting and Finance Research, Sciedu Press, vol. 7(3), pages 211-211, August.
    • Handle: RePEc:jfr:afr111:v:7:y:2018:i:3:p:211
    as

    Download full text from publisher

    File URL: https://www.sciedupress.com/journal/index.php/afr/article/download/13853/8558
    Download Restriction: no
    File URL: https://www.sciedupress.com/journal/index.php/afr/article/view/13853
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Vasconcellos, G. M. & Kish, R. J., 1998. "Cross-border mergers and acquisitions: the European-US experience," Journal of Multinational Financial Management, Elsevier, vol. 8(4), pages 431-450, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Graham, Michael & Martey, Emmanuel & Yawson, Alfred, 2008. "Acquisitions from UK firms into emerging markets," Global Finance Journal, Elsevier, vol. 19(1), pages 56-71.
    2. Xie, En & Reddy, K.S. & Liang, Jie, 2017. "Country-specific determinants of cross-border mergers and acquisitions: A comprehensive review and future research directions," Journal of World Business, Elsevier, vol. 52(2), pages 127-183.
    3. Sehleanu Mariana, 2015. "The Influence Of Home Country Macroeconomic Factors On Inward Cross-Border Mergers And Acquisitions: The Case Of Romania," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 584-592, July.
    4. Boateng, Agyenim & Hua, Xiuping & Uddin, Moshfique & Du, Min, 2014. "Home country macroeconomic factors on outward cross-border mergers and acquisitions: Evidence from the UK," Research in International Business and Finance, Elsevier, vol. 30(C), pages 202-216.
    5. Yusnidah Ibrahim & Jimoh Olajide Raji, 2018. "Cross-border merger and acquisition activities in Asia: the role of macroeconomic factors," Studies in Economics and Finance, Emerald Group Publishing Limited, vol. 35(2), pages 307-329, May.
    6. Reed, Michael R. & Babool, Md. Ashfaqul Islam, 2003. "Factors Affecting International Mergers and Acquisitions," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 6(4), pages 1-15.
    7. Jo Danbolt, 2004. "Target Company Cross‐border Effects in Acquisitions into the UK," European Financial Management, European Financial Management Association, vol. 10(1), pages 83-108, March.
    8. Terry Alkire & Pierre-Xavier Meschi, 2018. "The Decision to Stay or Resign Following an Acquisition by a Chinese or Indian Company," Management International Review, Springer, vol. 58(1), pages 9-42, February.
    9. Delannay, Anne-France & Méon, Pierre-Guillaume, 2006. "The Impact of European Integration on the Nineties’ Wave of Mergers and Acquisitions," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 21, pages 426-446.
    10. Boateng, Agyenim & Hua, Xiuping & Nisar, Shaista & Wu, Junjie, 2015. "Examining the determinants of inward FDI: Evidence from Norway," Economic Modelling, Elsevier, vol. 47(C), pages 118-127.
    11. Shen, Chung-Hua & Lin, Mei-Rong, 2011. "The determinants of cross-border consolidation in eight Asian countries: Before and after the Asian financial crisis," Journal of Multinational Financial Management, Elsevier, vol. 21(2), pages 89-105, April.
    12. Reddy, Kotapati Srinivasa, 2015. "Determinants of Cross-border Mergers and Acquisitions: A Comprehensive Review and Future Direction," MPRA Paper 63969, University Library of Munich, Germany, revised 2015.
    13. Zhu, PengCheng, 2011. "Persistent performance and interaction effects in sequential cross-border mergers and acquisitions," Journal of Multinational Financial Management, Elsevier, vol. 21(1), pages 18-39, February.
    14. di Giovanni, Julian, 2005. "What drives capital flows? The case of cross-border M&A activity and financial deepening," Journal of International Economics, Elsevier, vol. 65(1), pages 127-149, January.
    15. George Marian AEVOAE & Iuliana Eugenia GEORGESCU, 2019. "The Determinants of Cross-Border Acquisitions: Evidence from Romania," The Audit Financiar journal, Chamber of Financial Auditors of Romania, vol. 17(154), pages 327-327.
    16. Uddin, Moshfique & Boateng, Agyenim, 2011. "Explaining the trends in the UK cross-border mergers & acquisitions: An analysis of macro-economic factors," International Business Review, Elsevier, vol. 20(5), pages 547-556, October.
    17. Oludayo Elijah Adekunle, 2020. "The Short and Long Run Determinants of Foreign Direct Investment in Nigeria," Management & Economics Research Journal, Faculty of Economics, Commercial and Management Sciences, Ziane Achour University of Djelfa, vol. 2(4), pages 45-65, September.
    18. Owen, Sian & Yawson, Alfred, 2010. "Human development and cross-border acquisitions," Journal of Empirical Finance, Elsevier, vol. 17(4), pages 689-701, September.
    19. Moskalev, Sviatoslav A., 2010. "Foreign ownership restrictions and cross-border markets for corporate control," Journal of Multinational Financial Management, Elsevier, vol. 20(1), pages 48-70, February.
    20. Otchere, Isaac & Ip, Edwina, 2006. "Intra-industry effects of completed and cancelled cross border acquisitions in Australia: A test of the acquisition probability hypothesis," Pacific-Basin Finance Journal, Elsevier, vol. 14(2), pages 209-230, April.

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jfr:afr111:v:7:y:2018:i:3:p:211. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sciedu Press (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.