Kursänderungen auf Aktienmärkten können informationsinduziert durch neu zu verarbeitende Informationen oder liquiditätsinduziert durch kurzfristige Angebots- bzw. Nachfrageüberhänge auftreten. Diese zwei so unterschiedlich verursachten Kursreaktionen sind in empirischen Untersuchungen nur...

The real estate finance industry has experienced significant consolidation since the early 1990s and continues to change rapidly through mergers and acquisitions. But are these transactions creating value for the respective shareholders as they should? Interestingly, despite ongoing...

The real estate banking industry in Germany has undergone severe changes due to changes in the legal framework, consolidation processes and economic crisis. As one of the results, German banks begin to sell their portfolios of non performing real estate loans. The six relevant transactions in...

This paper analyzes approaches investigating success drivers of mergers and acquisitions (M&A) in the software industry. The literature review covers a classification of research pa-pers in the generic and software industry-specific M&A research discipline. The results ac-centuate that the...