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Journals / Business and Management Studies: An International Journal / 2016 / Cilt: 4 - Sayı: 1

THE IMPACT OF MERGER AND ACQUISITION TRANSACTIONS AT THE COMPANY AND INDUSTRY LEVEL

BİRLEŞME VE SATIN ALMA İŞLEMLERİNİN ŞİRKET VE SEKTÖR DÜZEYİNDE ETKİLERİ

ELİF AKBEN SELÇUK
EMİN KÖKSAL
AYŞE DİLARA ALTIOK YILMAZ
Pages
48–62
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

In the third and final section, the factors affecting the financial performance changes as a result of M&A transactions are discussed

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The objective of this study is to provide a literature review consisting of studies investigating the impact of mergers and acquisition (M&A) transactions at the micro and macro levels.
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Key Findings & Data:The second part comprises studies analyzing the effects of M&A transactions on the financial performance of the acquirer and target companies.
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Conclusion & Impact:In the third and final section, the factors affecting the financial performance changes as a result of M&A transactions are discussed
🔬Design:Review & Systematic Survey
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

The objective of this study is to provide a literature review consisting of studies investigating the impact of mergers and acquisition (M&A) transactions at the micro and macro levels. The review has three different parts. In the first part, the focus is on the macro effects of M&A transactions and the impact of these transactions at the industry and market levels as well as their determinants are investigated. The second part comprises studies analyzing the effects of M&A transactions on the financial performance of the acquirer and target companies. In the third and final section, the factors affecting the financial performance changes as a result of M&A transactions are discussed

Özet

Bu çalışmanın amacı şirket birleşme ve satın alma (B&S) işlemlerinin hem mikro hem makro düzeyde etkilerini konu alan çalışmaları inceleyen bir literatür taraması ortaya koymaktır. İnceleme üç ayrı kısımda gerçekleştirilmiştir. Birinci kısımda B&S işlemlerine makro düzeyde yaklaşan çalışmalar ele alınarak, bu işlemlerin sektör ve piyasa düzeyinde etkileri ile bu işlemlerin sayısını etkileyen faktörler üzerinde durulmaktadır. İkinci bölümde B&S işlemlerinin alıcı ve hedef şirketlerin finansal performansında meydana getirdiği değişiklikleri inceleyen çalışmalara yer verilmiştir. Üçüncü ve son bölümde ise B&S işlemleri sonrası performans değişimine etki edeceği düşünülen faktörlerden bahsedilmektedir

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Cite This Article

SELÇUK, E. A., KÖKSAL, E., YILMAZ, A. D. A. (2016). THE IMPACT OF MERGER AND ACQUISITION TRANSACTIONS AT THE COMPANY AND INDUSTRY LEVEL. Business and Management Studies: An International Journal, Cilt: 4 - Sayı: 1, 48–62. https://ajindex.com/articles/210733

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