Publicação
Cross-border M&As: the effect of the method of payment and relative size on target’s return
| Resumo: | The goal of this thesis is to analyze the impact of the payment method, as well as the relative size of firms in cross-border merger and acquisition and their returns. This study uses a sample of around 3,000 merger and acquisition transactions for the period from January 2015 to December 2020. The event study methodology was used to carry out the analysis focusing on the target’s cumulative average abnormal return. The results demonstrate the influence of these variables, but also show that there is still much room for discussion on this subject. |
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| Autores principais: | Valle, Lucas Leite Lucciola do |
| Assunto: | Event study Merger and acquisition Cross-border Means of payment Relative size Estudo de evento Fusões e aquisições Cross-border Meios de pagamento Tamanho relativo |
| Ano: | 2021 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade do Minho |
| Idioma: | inglês |
| Origem: | RepositóriUM - Universidade do Minho |
| Resumo: | The goal of this thesis is to analyze the impact of the payment method, as well as the relative size of firms in cross-border merger and acquisition and their returns. This study uses a sample of around 3,000 merger and acquisition transactions for the period from January 2015 to December 2020. The event study methodology was used to carry out the analysis focusing on the target’s cumulative average abnormal return. The results demonstrate the influence of these variables, but also show that there is still much room for discussion on this subject. |
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