... 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 ... (Kyoto University, 2008) for helpful discussions and comments. References [1] Volker Nocke and Stephen Yeaple, Cross- border mergers and acquisitions vs. Greenfield foreign N.D. Thien, H.T.T. ... Science, Natural Sciences and Technology 25 (2009) 123-131 123 Modeling Foreign direct investment by a Prisoner’s dilemma: Greenfield investment (cooperation) or Mergers and Acquisitions (defection)...
Ngày tải lên: 22/03/2014, 09:20
TỔNG QUAN VỀ HOẠT ĐỘNG “MUA LẠI, SÁP NHẬP DOANH NGHIỆP” (MERGERS AND ACQUISITIONS – M&A)
... 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 ... đó được gọi là mua lại doanh nghiệp xuyên quốc gia (transnational acquisitions) hoặc mua lại doanh nghiệp chéo (cross- border acquisitions) . Các vụ giao dịch này được thúc đẩy bởi việc quan tâm ... 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 vụ sáp...
Ngày tải lên: 19/10/2013, 21:20
Tài liệu MERGERS AND ACQUISITIONS IN BANKING AND FINANCE PART 1 ppt
... Data Walter, Ingo. Mergers and acquisitions in banking and finance : what works, what fails, and why / by Ingo Walter. p. cm. ISBN 0-19-515900-4 1. Bank mergers. 2. Financial institutions Mergers. I. ... selling their holdings and companies selling additional shares to existing shareholders (rights issues). MERGERS AND ACQUISITIONS IN BANKING AND FINANCE What Works, What Fails, and Why Ingo Walter 1 2004 ... chapter. 32 Mergers and Acquisitions in Banking and Finance concerned with wealth preservation in the face of antagonistic govern- ment policies and fickle asset markets. Clients demanded the utmost...
Ngày tải lên: 21/01/2014, 12:20
Tài liệu MERGERS AND ACQUISITIONS IN BANKING AND FINANCE PART 2 pdf
... banking, insurance, and possibly other types of financial and nonfinancial businesses. 1. For a detailed discussion, see Saunders and Walter (1994). 96 Mergers and Acquisitions in Banking and Finance book ... boundary (autonomy) around acquired firm. 64 Mergers and Acquisitions in Banking and Finance Figure 3-1D. Client, Product, and Arena-Specific Scale and Scope Economies, and Risk Mitigation. in another geography. ... 100 Mergers and Acquisitions in Banking and Finance and simply disappears. Others may require the acquiring firm itself to reorganize and, for example, to structure...
Ngày tải lên: 26/01/2014, 11:20
Tài liệu MERGERS AND ACQUISITIONS IN BANKING AND FINANCE PART 3 pptx
... Wasserstein. 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, ... 154 Mergers and Acquisitions in Banking and Finance ment thought they were achieving by undertaking specific or sequential acquisitions, how they presented the various cases to the market, and evidence ... very 158 Mergers and Acquisitions in Banking and Finance of the acquisitions appeared to be carried out in a targeted and disciplined way, especially the integration process, so that by 2002 UBS...
Ngày tải lên: 26/01/2014, 11:20
Tài liệu MERGERS AND ACQUISITIONS IN BANKING AND FINANCE PART 4 pdf
... that are the result of sequential mergers and acquisitions are awfully hard to understand and regulate, and it seems unlikely that management itself fully understands and controls the risks embedded ... legacy brands, the need for the appearance of uniformity and seamlessness across client-segments and geographies, and the potential for conflicts of interest that may arise in 201 7 Mergers, Acquisitions, ... banks and non-bank financial services 3. See for example “A Ragbag of Reform,” The Economist, March, 1 2001. 226 Mergers and Acquisitions in Banking and Finance and vigorously competitive and perhaps...
Ngày tải lên: 26/01/2014, 11:20
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 E. W. Gunderson. 1986. ... commodity prices, and new tech- nology have been felt in industries ranging from transportation and communication to energy and manufacturing. Mergers and divestitures, new investment, and plant closings...
Ngày tải lên: 06/03/2014, 04:20
WORKING PAPER SERIES NO. 398 / OCTOBER 2004: MERGERS AND ACQUISITIONS AND BANK PERFORMANCE IN EUROPE THE ROLE OF STRATEGIC SIMILARITIES potx
... 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), Cross- border mergers ... http://ssrn.com/abstract_id=587265. by Yener Altunbas Table 2 Cross- border and domestic mergers: descriptive statistics of size and other financial features of target and bidder banks Target Cross- border Domestic Variables (1) Mean ... scale and scope derived from the investments made by their merging counterpart. In the case of cross- border mergers, however, and due to the risk of incompatibility among technologies across borders,...
Ngày tải lên: 06/03/2014, 09:22
Cross-Border Mergers in Europe pptx
... cross- border merger by independent auditors nor an audit report is required (Art. 6(4) Greek Law on Cross- border Mergers) . An auditor’s report is also not required in the event of a merger by ... absorp- tion of a wholly owned subsidiary (Art. 13(a) Greek Law on Cross- border Mergers) . 13. According to the Greek Law on Cross- border Mergers and Corporate Law, the auditors’ report must include the ... European legal framework on cross- border mergers and the implementing legislation in each Member State of the European Union and the European Economic Area (EEA). The Cross- border Merger Directive...
Ngày tải lên: 16/03/2014, 21:20
Nonprofit mergers and acquisitions (M&A không lợi nhuận)
... well a candidate organization fits with AzCA’s strategic goals in terms of service, geography and brand. These questions also assess organizational fit and financial impact. Once a candidate ... in urban or rural areas, by adding substance to vulnerable programs? Strategic fit with AzCA brand 5)Does it enhance AzCA’s marketability, our reputation, and our branding efforts? Organizational ... that had good brand awareness, good funding sources and the people in place at a level that was relatively small but upon which we could build… [By] acquiring these providers and keeping their...
Ngày tải lên: 11/04/2014, 23:50
determining value creation through mergers and acquisitions in the banking industry using accounting study and event study methodology
Ngày tải lên: 13/07/2014, 21:12
Develop mergers and acquisitions in Vietnam finance and banking sector (Phát triển hoạt động mua bán và sáp nhập trong lĩnh vực tài chính ngân hàng Việt Nam)
Ngày tải lên: 19/09/2014, 09:43
MERGERS AND ACQUISITIONS INTHE PHARMACEUTICAL AND BIOTECH INDUSTRIES
Ngày tải lên: 30/10/2014, 22:03