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analyze merger activities during economic crisis periods, as it was in Greece recently. This paper explores the accounting … performance of Greek listed companies after mergers in 2009-2015, the economic crisis period in Greece. Thus, all mergers of … improvement of the companies’ profitability than non-conglomerate mergers. Last, for the merger events that take place far from …
Persistent link: https://www.econbiz.de/10012506241
economic specialization. To this end, the paper conducts an empirical analysis at the local (i.e., municipal) level of Greece …. Greece is the country that was hit the hardest by the economic crisis. Thus, the need to stabilize the national economy in … Greece has seemingly outweighed policy issues of spatial interest, which are also of extreme importance. The findings of the …
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last decade, tourism industry of Greece, which contributes significantly to the country's economy, faced many problems …
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merger transactions signalize a more stable profitability and better performance for the companies with mergers. Furthermore … companies that during crisis periods maybe merger be the only way to survive and provide a stable profitability and accounting …
Persistent link: https://www.econbiz.de/10013500782
Purpose - The intervalling effect bias of beta refers to the sensitivity of beta estimation with respect to the reference time interval on which returns are measured and its manifestation may indicate the degree of market inefficiencies. The purpose of this paper is to study the intervalling...
Persistent link: https://www.econbiz.de/10011489951
The study examines the impact of mergers on the accounting performance of merger-involved firms in Greece. The study … analyses four basic profitability ratios from financial statements of a sample of sixty Greek listed firms at the Athens …’ accounting performance, comparisons of pre- and post-merger firm profitability are examined for one year before and after the …
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