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Cross-Border Mergers & Acquisitions Performance Measurement
[Metody měření výkonnosti/efektivnosti přeshraničních fúzí a akvizic]

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  • Hoang Long Pham

Abstract

Mergers and acquisitions (M&A) have been long attracted interest from academics. Especially the performance of cross-border mergers and acquisitions is a popular research topic in recent years. Researchers have come up with various criteria to evaluate M&A performance. There are inconclusive results on the literature on the consequences of cross border mergers and acquisitions (M&A) on corporate performance. This paper investigates and summaries the three most widely used measures of M&A financial performance, namely accounting-based measures, market models-based measures and managers' subjective assessments and its effects on the financial performance.

Suggested Citation

  • Hoang Long Pham, 2014. "Cross-Border Mergers & Acquisitions Performance Measurement [Metody měření výkonnosti/efektivnosti přeshraničních fúzí a akvizic]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2014(3), pages 122-131.
    • Handle: RePEc:prg:jnlcfu:v:2014:y:2014:i:3:id:413:p:122-131
    DOI: 10.18267/j.cfuc.413
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    More about this item

    Keywords

    Cross-border Merger and Acquisition; Performance measurement; Financial Performance; Přeshraniční fúze a akvizice; Měření výkonnosti; Finanční výkonnost;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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