banks have a substantial and persistent negative impact on merging banks' revenues. We refer to merger related negative … customers and the temporary distraction of management from day-to-day operations by effecting the merger. For our analyses we … involved in 212 mergers between 1994 and 2006. We find that the negative impact of a merger on net operating revenues amounts …

umfassendes strategisches Synergie- und Dyssynergiemanagement. Die vorliegende Arbeit liefert umfassende Erkenntnisbeiträge zum …

categorizes M&A motives into synergy and agency categories using two alternate ways, which first using the stock market reaction …. This study finds that synergy-motivated M&A results in significantly higher long-term performance post-M&A than agency …