Publicação
Mergers and acquisitions: value creation in the luxury goods industry
| Resumo: | With tremendous growth, the luxury goods industry is an intriguing puzzle with limited research on its announcement effect of mergers and acquisitions(M&A).This project examines this shortfall from the perspective of the acquirers using the event study. A statistically non-significant announcement effect is noted in main sample when targets are both private and public. For sub-samples, a statistically significant negative announcement effect, with the targets for public companies, is revealed. M&A in the Americas tends to produce positive abnormal returns, and there is nota significant difference between cross-border, or domestic, M&A in the luxury goods industry. All results are proved with evidence and tested using multiple statistical methods. |
|---|---|
| Autores principais: | Yuqi, Zhao |
| Assunto: | Mergers and acquisitions Event study Luxury industry Announcement effect |
| Ano: | 2021 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade Nova de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório Institucional da UNL |
| _version_ | 1868414932032159744 |
|---|---|
| author | Yuqi, Zhao |
| author_facet | Yuqi, Zhao |
| author_role | author |
| contributor_name_str_mv | Soares, Margarida RUN |
| country_str | PT |
| creators_json_txt | [{\"Person.name\":\"Yuqi, Zhao\"}] |
| datacite.contributors.contributor.contributorName.fl_str_mv | Soares, Margarida RUN |
| datacite.creators.creator.creatorName.fl_str_mv | Yuqi, Zhao |
| datacite.date.Accepted.fl_str_mv | 2021-01-14T00:00:00Z |
| datacite.date.available.fl_str_mv | 2022-08-17T13:11:50Z |
| datacite.date.embargoed.fl_str_mv | 2022-08-17T13:11:50Z |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| datacite.subjects.subject.fl_str_mv | Mergers and acquisitions Event study Luxury industry Announcement effect |
| datacite.titles.title.fl_str_mv | Mergers and acquisitions: value creation in the luxury goods industry |
| dc.contributor.none.fl_str_mv | Soares, Margarida RUN |
| dc.creator.none.fl_str_mv | Yuqi, Zhao |
| dc.date.Accepted.fl_str_mv | 2021-01-14T00:00:00Z |
| dc.date.available.fl_str_mv | 2022-08-17T13:11:50Z |
| dc.date.embargoed.fl_str_mv | 2022-08-17T13:11:50Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | http://hdl.handle.net/10362/143072 |
| dc.language.none.fl_str_mv | eng |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| dc.subject.none.fl_str_mv | Mergers and acquisitions Event study Luxury industry Announcement effect |
| dc.title.fl_str_mv | Mergers and acquisitions: value creation in the luxury goods industry |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_bdcc |
| description | With tremendous growth, the luxury goods industry is an intriguing puzzle with limited research on its announcement effect of mergers and acquisitions(M&A).This project examines this shortfall from the perspective of the acquirers using the event study. A statistically non-significant announcement effect is noted in main sample when targets are both private and public. For sub-samples, a statistically significant negative announcement effect, with the targets for public companies, is revealed. M&A in the Americas tends to produce positive abnormal returns, and there is nota significant difference between cross-border, or domestic, M&A in the luxury goods industry. All results are proved with evidence and tested using multiple statistical methods. |
| dirty | 0 |
| eu_rights_str_mv | openAccess |
| format | masterThesis |
| fulltext.url.fl_str_mv | https://run.unl.pt/bitstreams/6472e819-894c-4031-9269-74521895d25a/download |
| id | run_bb27dc9bb79d61baac4d3a5a44463a1f |
| identifier.url.fl_str_mv | http://hdl.handle.net/10362/143072 |
| instacron_str | unl |
| institution | Universidade Nova de Lisboa |
| instname_str | Universidade Nova de Lisboa |
| language | eng |
| network_acronym_str | run |
| network_name_str | Repositório Institucional da UNL |
| oai_identifier_str | oai:run.unl.pt:10362/143072 |
| organization_str_mv | urn:organizationAcronym:unl |
| person_str_mv | Yuqi, Zhao |
| publishDate | 2021 |
| reponame_str | Repositório Institucional da UNL |
| repository_id_str | urn:repositoryAcronym:run |
| service_str_mv | urn:repositoryAcronym:run |
| spelling | engpt_PTWith tremendous growth, the luxury goods industry is an intriguing puzzle with limited research on its announcement effect of mergers and acquisitions(M&A).This project examines this shortfall from the perspective of the acquirers using the event study. A statistically non-significant announcement effect is noted in main sample when targets are both private and public. For sub-samples, a statistically significant negative announcement effect, with the targets for public companies, is revealed. M&A in the Americas tends to produce positive abnormal returns, and there is nota significant difference between cross-border, or domestic, M&A in the luxury goods industry. All results are proved with evidence and tested using multiple statistical methods.application/pdfpt_PTMergers and acquisitions: value creation in the luxury goods industryYuqi, ZhaoSoares, MargaridaHostingInstitutionOrganizationalRUNe-mailmailto:run@unl.ptrun@unl.ptURNurn:tid:2027930282022-08-17T13:11:50Z2021-01-142020-12-012021-01-14T00:00:00ZHandlehttp://hdl.handle.net/10362/143072http://purl.org/coar/access_right/c_abf2open accessMergers and acquisitionsEvent studyLuxury industryAnnouncement effect1394205 bytesliteraturehttp://purl.org/coar/resource_type/c_bdccmaster thesishttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://run.unl.pt/bitstreams/6472e819-894c-4031-9269-74521895d25a/download |
| spellingShingle | Mergers and acquisitions: value creation in the luxury goods industry Yuqi, Zhao Mergers and acquisitions Event study Luxury industry Announcement effect |
| status | SINGLETON |
| subject.fl_str_mv | Mergers and acquisitions Event study Luxury industry Announcement effect |
| title | Mergers and acquisitions: value creation in the luxury goods industry |
| title_full | Mergers and acquisitions: value creation in the luxury goods industry |
| title_fullStr | Mergers and acquisitions: value creation in the luxury goods industry |
| title_full_unstemmed | Mergers and acquisitions: value creation in the luxury goods industry |
| title_short | Mergers and acquisitions: value creation in the luxury goods industry |
| title_sort | Mergers and acquisitions: value creation in the luxury goods industry |
| topic | Mergers and acquisitions Event study Luxury industry Announcement effect |
| topic_facet | Mergers and acquisitions Event study Luxury industry Announcement effect |
| url | http://hdl.handle.net/10362/143072 |
| visible | 1 |