Mergers and Acquisitions potx

... nis and McConnell(1986) on mergers, and Hite and Owers (1983) and Schip- per and Smith (1983) on spin-offs. A study of the formation of captive finance subsidiaries by Kim, McConnell, and Greenwood ... evidence of such losses see Alexander, Benson, and Gunderson (1986) and Wansley and Fayez (1986). 15. 16. 17. 18. References Alexander, G. J., P. G. Benson, and...

Ngày tải lên: 06/03/2014, 04:20

... cross-border and domestic mergers to take into account the distinct differences among both types of mergers. 14 Since mergers and acquisitions normally come on waves (see Shleifer and Vishny, ... effect of mergers and acquisitions on the efficiency and profitability of EC credit institutions, Journal of Banking and Finance 20, pp. 1531-1558. Vander Vennet, R. (2002)...

Ngày tải lên: 06/03/2014, 09:22

... referred to as a merger at the time. II. BENEFITS OF MERGERS AND ACQUISITIONS Benefits of Mergers and Acquisitions are manifold. Mergers and Acquisitions can generate cost efficiency through economies ... share. Benefits of Mergers and Acquisitions are the main reasons for which the companies enter into these deals. Mergers and Acquisitions may generate tax gains...

Ngày tải lên: 12/08/2013, 12:00

... HOẠT ĐỘNG “MUA LẠI, SÁP NHẬP DOANH NGHIỆP” (MERGERS AND ACQUISITIONS – M&A) 1.1.Tổng quan về hoạt động mua lại, sáp nhập doanh nghiệp “Merger and Acquisition” là một cụm từ tiếng Anh được ... thức như: sáp nhập theo chiều ngang (horizontal mergers) , sáp nhập theo chiều dọc (vertical mergers) hay sáp nhập kiểu tập đoàn (conglomerate mergers) Nếu dựa theo mục đích của thương v...

Ngày tải lên: 19/10/2013, 21:20

... putting the issuer and the investor or fiduciary into direct electronic contact with each MERGERS AND ACQUISITIONS IN BANKING AND FINANCE 10 Mergers and Acquisitions in Banking and Finance Table ... Financial Services Mergers? 60 4. Managing Financial Services Mergers and Acquisitions 99 5. The Special Problem of IT Integration 129 6. What Is the Evidence? 153 7. Merg...

Ngày tải lên: 21/01/2014, 12:20

... no control over when the clients demand their claims and must be able to meet the obligations whenever they arise. 70 Mergers and Acquisitions in Banking and Finance Both types of institutions ... itself. Every client link to the bank potentially complements 76 Mergers and Acquisitions in Banking and Finance every other one and thus potentially adds value through either on...

Ngày tải lên: 26/01/2014, 11:20

... merger. 152 Mergers and Acquisitions in Banking and Finance WHAT ARE THE KEY LESSONS? Information technologies represent a critical resource for the financial services industry. Mergers and acquisitions, ... between each firm’s IT teams. The best systems and processes of both need to be 144 Mergers and Acquisitions in Banking and Finance identified, analyzed, and finally...

Ngày tải lên: 26/01/2014, 11:20

... 214, 225 E-applications in financial services, 10, 36 Economic drivers of mergers and acquisitions (see Value of mergers and acquisitions) Economies of scale, 64–66, 121, 228–230 Economies of scope, ... product innovations and new av- enues that avoid cumbersome and costly regulations by shifting them either functionally or geographically. 214 Mergers and Acquisitions in...

Ngày tải lên: 26/01/2014, 11:20

... acquisition (cross-border mergers and acquisitions, M&A) and Greenfield investment (GF). Since the dilemma of a firm between GF and M&A is similar to the one between cooperation and defection ... upwards and downwards respectively, and when they shift positions, the equilibrium shifts from R=(GF, GF) and P=(M&A, M&A) in Figure 1 and 2 expand, otherwis...

Ngày tải lên: 22/03/2014, 09:20