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complexity of the task; it is also the most challenging element of merger and acquisition pricing. Conventional valuation methods …The valuation of synergy is vital to the success of any merger, however, given current valuation methodologies and the … elements and relations. If such a delicate system is segmented due to a merger, the outcome measured in turnover and profit …
Persistent link: https://www.econbiz.de/10008694022
In this study, we use firm-level data from the 1993 National Survey of Small Business Finances to test the hypothesis that banking consolidation has reduced the availability of credit to small businesses. We find that banks in markets where mergers have occurred are more likely than other banks...
Persistent link: https://www.econbiz.de/10005836119
partially, but not completely, reversed by termination announcement returns, evidence that the merger proposal itself contains … examining how merger bids and terminations affect the relative values of bidders attempting diversifying and focusing takeovers …
Persistent link: https://www.econbiz.de/10005837001
Firms sign an integration contract with the purpose of increasing their expected profits from trade and competition with third parties. Gains depend on how the contract improves the partners' production function (e.g. better synergies, organization, etc.), and how it increases their power in the...
Persistent link: https://www.econbiz.de/10011111066
The study examines the performance of banks after acquisition. Operating profits have been analyzed for Indian Private … and Public sector banks The results from the analysis of Pre and post-merger operating performance ratios for the … acquiring banks show that operating profit margins were increased in post merger period and there was a marginal decline in …
Persistent link: https://www.econbiz.de/10011113862
This paper presents an expert system aimed at evaluating firms and business units. It makes use of fuzzy logic and integrates financial, strategic, managerial aspects, processing both quantitative and qualitative information. Twenty-nine value drivers are explicitly taken into account and...
Persistent link: https://www.econbiz.de/10005260300
Starting from the reason that since the first Janury 2007 in the frame of foreign/abroad trade are not included the commercial operations or economical participation operations or technical-science operations in relations with stataes members of European Union, in the work presented below I...
Persistent link: https://www.econbiz.de/10005619295
weapons? Why do finally States tend to prevent this acquisition? What does the use of force imply? This logical structure … prevent acquisition. Through first, stressing the security model it emphasise the security-stability reasons for which …
Persistent link: https://www.econbiz.de/10008615616
of acquisition. This indicates that the acquisition of events produce a lower return than predicted return is predicted … the motives of the acquisition is not a motivation for acquirers to engage in activities acquisition. To assess the … was no significant difference between performance before and after the acquisition. This means that most acquirer firms …
Persistent link: https://www.econbiz.de/10011112945
Discounted Cash Flow techniques are the generally accepted methods for valuing firms. Such methods do not provide explicit acknowledgment of the value determinants and overlook their interrelations. This paper proposes a different method of firm valuation based on fuzzy logic and expert systems....
Persistent link: https://www.econbiz.de/10005789265