The Effects of Mergers and Acquisitions on Company’s Operating Performance
This paper examines the effects of mergers and acquisitions on the firm’s operating performances in UK from 2005-2008. The performances of acquiring firms are compared with the control group of non-merging firms by employing a fixed-effect model. Four performances measurements are employed including...
| Main Author: | |
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English English |
| Published: |
2013
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| Online Access: | https://eprints.nottingham.ac.uk/26735/ |
| _version_ | 1848793235823001600 |
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| author | Xiaoying, Pan |
| author_facet | Xiaoying, Pan |
| author_sort | Xiaoying, Pan |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | This paper examines the effects of mergers and acquisitions on the firm’s operating performances in UK from 2005-2008. The performances of acquiring firms are compared with the control group of non-merging firms by employing a fixed-effect model. Four performances measurements are employed including ROA, ROCE, profit margin and cash flow ratio. There is no significant evidence that mergers and acquisitions have impact on company’s operating performance over the whole sample. However, significant positive effects of M&A are found in particular financial year and in certain industries. |
| first_indexed | 2025-11-14T18:57:05Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-26735 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-14T18:57:05Z |
| publishDate | 2013 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-267352022-03-21T16:11:18Z https://eprints.nottingham.ac.uk/26735/ The Effects of Mergers and Acquisitions on Company’s Operating Performance Xiaoying, Pan This paper examines the effects of mergers and acquisitions on the firm’s operating performances in UK from 2005-2008. The performances of acquiring firms are compared with the control group of non-merging firms by employing a fixed-effect model. Four performances measurements are employed including ROA, ROCE, profit margin and cash flow ratio. There is no significant evidence that mergers and acquisitions have impact on company’s operating performance over the whole sample. However, significant positive effects of M&A are found in particular financial year and in certain industries. 2013-09-20 Dissertation (University of Nottingham only) NonPeerReviewed application/msword en https://eprints.nottingham.ac.uk/26735/1/Pan_dissertation.docx application/pdf en https://eprints.nottingham.ac.uk/26735/2/DISSERTATION.pdf Xiaoying, Pan (2013) The Effects of Mergers and Acquisitions on Company’s Operating Performance. [Dissertation (University of Nottingham only)] (Unpublished) |
| spellingShingle | Xiaoying, Pan The Effects of Mergers and Acquisitions on Company’s Operating Performance |
| title | The Effects of Mergers and Acquisitions on Company’s Operating Performance |
| title_full | The Effects of Mergers and Acquisitions on Company’s Operating Performance |
| title_fullStr | The Effects of Mergers and Acquisitions on Company’s Operating Performance |
| title_full_unstemmed | The Effects of Mergers and Acquisitions on Company’s Operating Performance |
| title_short | The Effects of Mergers and Acquisitions on Company’s Operating Performance |
| title_sort | effects of mergers and acquisitions on company’s operating performance |
| url | https://eprints.nottingham.ac.uk/26735/ |