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 …

Applying the real options valuation to measure merger and acquisition (M&A) synergy is highly debatable, with questions … real options applications to measure synergy in cross-border merger activities remains a challenge. The main objective of … the paper is to explore multiple types of synergies in the recent, highly strategic cross-border merger - the Luminor …

the merger. Third, we consider how the synergy types interact, yielding co-synergies when they complement each other and … typology of five distinct sources of synergy based on two underlying dimensions: the level of analysis at which valuable … activities occur and the orientation by which those activities are governed. The typology uncovers three novel synergy sources …

Purpose – The purpose is to advance a conceptual comprehensive framework to analyze synergy management pitfalls in … mergers and acquisitions (M&As). The framework highlights the main dimensions of synergy management, the most relevant synergy … pitfalls and the ways to overcome them.Design/Methodology/approach – A greater recognition of synergy management literature in …

We find that the acquirer’s (1) abnormal returns at merger and acquisition (M&A) announcements and (2) long … insider net purchase ratios receive higher takeover premiums. Overall, our findings suggest that, even under the “Short Swing …

We empirically investigate the sources, magnitude, and timing of synergy realization for 293 M&As by non-serial listed …