Financing and Value Creation Under Mergers and Acquisitions: Comparative Study OF 350 Companies

In this study, 350 mergers and acquisitions has been undertaken to examine, what form of payment method was used for financing those deals and their post acquisition returns of acquirers in terms of share capital. An attempt has been made to investigate how important is the correct financing/ paymen...

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Main Author: Gupta, Ankit
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2009
Online Access:https://eprints.nottingham.ac.uk/23181/
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author Gupta, Ankit
author_facet Gupta, Ankit
author_sort Gupta, Ankit
building Nottingham Research Data Repository
collection Online Access
description In this study, 350 mergers and acquisitions has been undertaken to examine, what form of payment method was used for financing those deals and their post acquisition returns of acquirers in terms of share capital. An attempt has been made to investigate how important is the correct financing/ payment technique for shareholder value creation and what determines financing decision in a merger and acquisition process. After conducting a literature review and analyzing the theoretical background to merger payment and value creation activity, the research process starts. Shareholder value creation has been studied by the event study approach under CAPM model. There would be comparative study between different methods in financing/ payment techniques. M & As of the last 15 years, happening in different industries has been studied. The acquirers and the acquired companies taken in the sample for research were based all over the world. The study also tries to find out the higher popularity among the different payment methods. The results of this study indicate that the payment method doesn’t have much role to play in the share holder value creation.
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spelling nottingham-231812018-02-02T04:51:15Z https://eprints.nottingham.ac.uk/23181/ Financing and Value Creation Under Mergers and Acquisitions: Comparative Study OF 350 Companies Gupta, Ankit In this study, 350 mergers and acquisitions has been undertaken to examine, what form of payment method was used for financing those deals and their post acquisition returns of acquirers in terms of share capital. An attempt has been made to investigate how important is the correct financing/ payment technique for shareholder value creation and what determines financing decision in a merger and acquisition process. After conducting a literature review and analyzing the theoretical background to merger payment and value creation activity, the research process starts. Shareholder value creation has been studied by the event study approach under CAPM model. There would be comparative study between different methods in financing/ payment techniques. M & As of the last 15 years, happening in different industries has been studied. The acquirers and the acquired companies taken in the sample for research were based all over the world. The study also tries to find out the higher popularity among the different payment methods. The results of this study indicate that the payment method doesn’t have much role to play in the share holder value creation. 2009-09-24 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/23181/1/MERGERS.pdf Gupta, Ankit (2009) Financing and Value Creation Under Mergers and Acquisitions: Comparative Study OF 350 Companies. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Gupta, Ankit
Financing and Value Creation Under Mergers and Acquisitions: Comparative Study OF 350 Companies
title Financing and Value Creation Under Mergers and Acquisitions: Comparative Study OF 350 Companies
title_full Financing and Value Creation Under Mergers and Acquisitions: Comparative Study OF 350 Companies
title_fullStr Financing and Value Creation Under Mergers and Acquisitions: Comparative Study OF 350 Companies
title_full_unstemmed Financing and Value Creation Under Mergers and Acquisitions: Comparative Study OF 350 Companies
title_short Financing and Value Creation Under Mergers and Acquisitions: Comparative Study OF 350 Companies
title_sort financing and value creation under mergers and acquisitions: comparative study of 350 companies
url https://eprints.nottingham.ac.uk/23181/