Prediction of non financial firms merger and acquisition : an empirical study of Malaysian firms / Sin Boon Jiuan, Jane

In today’s competitive and globalized market, merger and acquisition (M&A) has become a strategy for the company to gain competitive advantage by expanding the pie (market share), entering new market, exploiting economies of scale, diversifying business risk and so on. This study has aimed to an...

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Main Author: Sin, Jane Boon Jiuan
Format: Thesis
Published: 2011
Subjects:
Online Access:http://studentsrepo.um.edu.my/5823/
http://studentsrepo.um.edu.my/5823/3/Sin_Boon_Jiuan_Cover_%26_Table_of_content.pdf
http://studentsrepo.um.edu.my/5823/2/Sin_Boon_Jiuan_CGA080107.pdf
http://studentsrepo.um.edu.my/5823/1/Sin_boon_Jiuan_Appendices.pdf
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author Sin, Jane Boon Jiuan
author_facet Sin, Jane Boon Jiuan
author_sort Sin, Jane Boon Jiuan
building UM Research Repository
collection Online Access
description In today’s competitive and globalized market, merger and acquisition (M&A) has become a strategy for the company to gain competitive advantage by expanding the pie (market share), entering new market, exploiting economies of scale, diversifying business risk and so on. This study has aimed to analyze the financial characteristics of the non financial merger and acquisition firms that had taken place from 2000 to 2008. The explanatory variables of this study were taken to signify profitability, liquidity, size and capital structure of the firms. Results of the t-test show that only firms’ size can be used to differentiate between the acquirers and target firms. The result of the logit analysis shows that only price earnings ratio support it hypothesis while profitability and capital structure proxy variables are partially supported in predicting the likelihood of the firms to become the target firms
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format Thesis
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publishDate 2011
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spelling um-58232015-08-07T05:06:15Z Prediction of non financial firms merger and acquisition : an empirical study of Malaysian firms / Sin Boon Jiuan, Jane Sin, Jane Boon Jiuan HF Commerce In today’s competitive and globalized market, merger and acquisition (M&A) has become a strategy for the company to gain competitive advantage by expanding the pie (market share), entering new market, exploiting economies of scale, diversifying business risk and so on. This study has aimed to analyze the financial characteristics of the non financial merger and acquisition firms that had taken place from 2000 to 2008. The explanatory variables of this study were taken to signify profitability, liquidity, size and capital structure of the firms. Results of the t-test show that only firms’ size can be used to differentiate between the acquirers and target firms. The result of the logit analysis shows that only price earnings ratio support it hypothesis while profitability and capital structure proxy variables are partially supported in predicting the likelihood of the firms to become the target firms 2011 Thesis NonPeerReviewed application/pdf http://studentsrepo.um.edu.my/5823/3/Sin_Boon_Jiuan_Cover_%26_Table_of_content.pdf application/pdf http://studentsrepo.um.edu.my/5823/2/Sin_Boon_Jiuan_CGA080107.pdf application/pdf http://studentsrepo.um.edu.my/5823/1/Sin_boon_Jiuan_Appendices.pdf Sin, Jane Boon Jiuan (2011) Prediction of non financial firms merger and acquisition : an empirical study of Malaysian firms / Sin Boon Jiuan, Jane. Masters thesis, University of Malaya. http://studentsrepo.um.edu.my/5823/
spellingShingle HF Commerce
Sin, Jane Boon Jiuan
Prediction of non financial firms merger and acquisition : an empirical study of Malaysian firms / Sin Boon Jiuan, Jane
title Prediction of non financial firms merger and acquisition : an empirical study of Malaysian firms / Sin Boon Jiuan, Jane
title_full Prediction of non financial firms merger and acquisition : an empirical study of Malaysian firms / Sin Boon Jiuan, Jane
title_fullStr Prediction of non financial firms merger and acquisition : an empirical study of Malaysian firms / Sin Boon Jiuan, Jane
title_full_unstemmed Prediction of non financial firms merger and acquisition : an empirical study of Malaysian firms / Sin Boon Jiuan, Jane
title_short Prediction of non financial firms merger and acquisition : an empirical study of Malaysian firms / Sin Boon Jiuan, Jane
title_sort prediction of non financial firms merger and acquisition : an empirical study of malaysian firms / sin boon jiuan, jane
topic HF Commerce
url http://studentsrepo.um.edu.my/5823/
http://studentsrepo.um.edu.my/5823/3/Sin_Boon_Jiuan_Cover_%26_Table_of_content.pdf
http://studentsrepo.um.edu.my/5823/2/Sin_Boon_Jiuan_CGA080107.pdf
http://studentsrepo.um.edu.my/5823/1/Sin_boon_Jiuan_Appendices.pdf