Recent trends in the study of merges and acquisitions

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dc.contributor.author Achim, Sorin Adrian
dc.contributor.other Ekonomická fakulta cs
dc.date.accessioned 2015-03-06
dc.date.available 2015-03-06
dc.identifier.issn 12123609
dc.identifier.uri https://dspace.tul.cz/handle/15240/7170
dc.description.abstract Mergers and acquisitions are important operations that happen nowadays. The goal of such processes is to “conquer” new markets and benefit from their resources (natural or human), or to lower competition (by acquiring a competitor or merging with it). More and more studies are written on this subject, thing that makes people interested in it have a difficult job in staying up to date. That is why the present research had as a goal to evaluate and summarize the latest trends in the study of this subject. Based on our goal we have conducted an extended analysis on the studies published in 2014 in this field. Additionally, we have also descriptively analyzed the period 2010–2014. For this, we have presumed that the most important research is to be found in the ISI-Thomson Web of Knowledge. We point out the lack on such literature on the developing countries, as most of these studies are related to the developed ones, such as the USA, the UK, China or Germany. The major part of them is published in the Journal of Corporate Finance. The second part of the article comes to emphasize the most important ideas that are to be found in the 2014 field’s literature. Many of the studies are related to the banking sector. Additionally, we found new indexes created to evaluate the M&A performance or the concentration degree of the market due to and after M&A operations. There are papers that assess different theories, such as the merger waves theory, the concentration-fragility hypothesis, the too-big-to-merge, too-big-to-succeed or, too-big-to-fail theories and so on. en
dc.format text
dc.format.extent 123-133 s. cs
dc.language.iso en
dc.publisher Technická Univerzita v Liberci cs
dc.publisher Technical university of Liberec, Czech Republic en
dc.relation.ispartof Ekonomie a Management cs
dc.relation.ispartof Economics and Management en
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dc.rights CC BY-NC
dc.subject fiscal federalism en
dc.subject budgetary allocation of taxes en
dc.subject municipalities en
dc.subject finance en
dc.subject.classification M14
dc.subject.classification G34
dc.title Recent trends in the study of merges and acquisitions en
dc.type Article en
dc.date.defense 2015-03-06
dc.publisher.abbreviation TUL
dc.relation.isrefereed true
dc.identifier.doi 10.15240/tul/001/2015-1-010
dc.identifier.eissn 2336-5604
local.relation.volume 18
local.relation.issue 1
local.relation.abbreviation E&M en
local.relation.abbreviation E+M cs
local.faculty Faculty of Economics
local.citation.spage 123
local.citation.epage 133
local.access open
local.fulltext yes


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