The Impacts of Mergers and Acquisitions on firm performance. Using British examples
Abstract This study is interested in examining how firms perform when they undertake M&As in terms of productivity by using accounting data. It employs 455 British mergers and acquisitions to examine the impact of M&As on firm performance during the period 1995-2006. The main findings of th...
| Main Author: | |
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2017
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| Online Access: | https://eprints.nottingham.ac.uk/45378/ |
| _version_ | 1848797119359483904 |
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| author | Liu, Danqing |
| author_facet | Liu, Danqing |
| author_sort | Liu, Danqing |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | Abstract
This study is interested in examining how firms perform when they undertake M&As in terms of productivity by using accounting data. It employs 455 British mergers and acquisitions to examine the impact of M&As on firm performance during the period 1995-2006. The main findings of this study are that, in general, M&A activities have a positive impact on firm performance, for both the acquiring and acquired firms, and the target firm benefit more than the acquiring firm. For the short term we’ve observed (three years), the gains from M&As increase over time. Additionally, acquisition experience of the acquiring firm has a positive impact on the post-acquisition performance. Lastly, M&As that occur in different industries have different degrees of impacts on firm performance. |
| first_indexed | 2025-11-14T19:58:48Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-45378 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T19:58:48Z |
| publishDate | 2017 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-453782018-04-17T14:36:27Z https://eprints.nottingham.ac.uk/45378/ The Impacts of Mergers and Acquisitions on firm performance. Using British examples Liu, Danqing Abstract This study is interested in examining how firms perform when they undertake M&As in terms of productivity by using accounting data. It employs 455 British mergers and acquisitions to examine the impact of M&As on firm performance during the period 1995-2006. The main findings of this study are that, in general, M&A activities have a positive impact on firm performance, for both the acquiring and acquired firms, and the target firm benefit more than the acquiring firm. For the short term we’ve observed (three years), the gains from M&As increase over time. Additionally, acquisition experience of the acquiring firm has a positive impact on the post-acquisition performance. Lastly, M&As that occur in different industries have different degrees of impacts on firm performance. 2017-09-03 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/45378/1/Dissertation-Danqing%20Liu.pdf Liu, Danqing (2017) The Impacts of Mergers and Acquisitions on firm performance. Using British examples. [Dissertation (University of Nottingham only)] Mergers and Acquisitions impacts firm performance |
| spellingShingle | Mergers and Acquisitions impacts firm performance Liu, Danqing The Impacts of Mergers and Acquisitions on firm performance. Using British examples |
| title | The Impacts of Mergers and Acquisitions on firm performance. Using British examples |
| title_full | The Impacts of Mergers and Acquisitions on firm performance. Using British examples |
| title_fullStr | The Impacts of Mergers and Acquisitions on firm performance. Using British examples |
| title_full_unstemmed | The Impacts of Mergers and Acquisitions on firm performance. Using British examples |
| title_short | The Impacts of Mergers and Acquisitions on firm performance. Using British examples |
| title_sort | impacts of mergers and acquisitions on firm performance. using british examples |
| topic | Mergers and Acquisitions impacts firm performance |
| url | https://eprints.nottingham.ac.uk/45378/ |