Research Seminar «Empirical Research in Corporate Finance»
21/10/2023 17:00 online Research Seminar «Empirical Research in Corporate Finance»
21/10/2023 17:00 online Research Seminar «Empirical Research in Corporate Finance»
Veronika Vinogradova, PhD, Senior Lecturer of the School of Finance
ABSTRACT: The paper investigates whether the strategic deals, which have been driving the technology sector over the last decade, can be considered value-creating and had a positive impact on the acquirers’ long-term financial performance. The results of the analysis show that overall, the acquiring companies could not fully capture value and the benefits of M&A and achieve sustainable profitable growth. The acquirers showed rather a deterioration in post-acquisition profitability, efficiency, and growth. The focus (international and industrial) was associated with the best results in terms of both, profitability and growth, while the largest increase in post-event growth rates was achieved by the companies from the emerging markets.
Link to connect: https://zoom.us/j/97190057075?pwd=cmNxcXl4K3B5V0wxTlV4VWkvZW5nUT09
Conference ID: 971 9005 7075