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 |
Registos relacionados
article Abnormal returns before acquisition announcements : evidence from Europe
por: Borges, Maria Rosa
Publicado em: (2013)
por: Borges, Maria Rosa
Publicado em: (2013)
school The implications on customer brand perceptions of merger & acquisition activity in the luxury industry
por: Loureiro, Filipa Aguiar
Publicado em: (2014)
por: Loureiro, Filipa Aguiar
Publicado em: (2014)
school Creating value from the outside - announcement effects of corporate venture capital investments in the automotive industry
por: Krupsky, Yannik
Publicado em: (2021)
por: Krupsky, Yannik
Publicado em: (2021)
draft Portability of firm corporate governance in mergers and acquisitions
por: Hussain, Tanveer
Publicado em: (2022)
por: Hussain, Tanveer
Publicado em: (2022)
article Value creation in mergers and acquisitions: The case of Portuguese banks
por: Pereira, Adalmiro
Publicado em: (2020)
por: Pereira, Adalmiro
Publicado em: (2020)
school Earnings expectations and market behavior: an event study on mergers and acquisitions synergies
por: Amor, Farouk Ben
Publicado em: (2025)
por: Amor, Farouk Ben
Publicado em: (2025)
article Mergers and acquisitions in the insurance sector
por: Ceita, Luciley
Publicado em: (2026)
por: Ceita, Luciley
Publicado em: (2026)
school Is Pfizer-Wyeth merger aligned with value creation in the pharmaceutical industry?
por: Angelis, Ilaria De
Publicado em: (2016)
por: Angelis, Ilaria De
Publicado em: (2016)
article An overview of three decades of mergers and acquisitions research
por: Reis, Nuno
Publicado em: (2015)
por: Reis, Nuno
Publicado em: (2015)
school Efeito dos anúncios de fusões e aquisições no retorno acionista de empresas portuguesas
por: Lobo, Bruno Filipe Silva
Publicado em: (2021)
por: Lobo, Bruno Filipe Silva
Publicado em: (2021)
school pCorporate advantage in luxury: financial Performance and valuation effects in Moët Hennessy Louis Vuitton's acquisition and integration of birkenstock
por: Nöbauer, Julian
Publicado em: (2026)
por: Nöbauer, Julian
Publicado em: (2026)
article Mergers & acquisitions research: a bibliometric study of top strategy journals, 2000 - 2009
por: Santos, João Carvalho
Publicado em: (2010)
por: Santos, João Carvalho
Publicado em: (2010)
school Start-up mergers and acquisitions as drivers of innovation and competitiveness in the fast-moving consumer goods industry – the case of freshly and Nestlé
por: Schlatterer, Anna Marie Katalina
Publicado em: (2026)
por: Schlatterer, Anna Marie Katalina
Publicado em: (2026)
school The success factors of mergers and acquisitions in Europe
por: Bandeira, João Ribeiro Pinto
Publicado em: (2020)
por: Bandeira, João Ribeiro Pinto
Publicado em: (2020)
school An event study analysis on the market reaction and value creation effect in bayer's acquisition of Monsanto
por: Sidiqi, Sadaf
Publicado em: (2025)
por: Sidiqi, Sadaf
Publicado em: (2025)
school Enhancing the outcomes of mergers and acquisitions
por: Miguel, João Carlos Pereira
Publicado em: (2019)
por: Miguel, João Carlos Pereira
Publicado em: (2019)
school Mergers and acquisitions : arrow global acquisition of Norfin S.A.
por: Prata, Miguel Ângelo Jerónimo
Publicado em: (2022)
por: Prata, Miguel Ângelo Jerónimo
Publicado em: (2022)
school An empirical investigation of the determinants of acquisition premia on the european merger market
por: Konter, Daniel Maurice
Publicado em: (2023)
por: Konter, Daniel Maurice
Publicado em: (2023)
school M&A announcement returns: does industry takeover competition reduce bidder firms' abnormal returns?
por: Azevedo, António de Oliveira
Publicado em: (2023)
por: Azevedo, António de Oliveira
Publicado em: (2023)
school Determinants of merger and acquisition activity in the renewable energy industry in the United States of America
por: Silva, Santiago de Orduna Louro e
Publicado em: (2017)
por: Silva, Santiago de Orduna Louro e
Publicado em: (2017)
school Chinese internet companies cross-border mergers and acquisitions motivation and risk analysis
por: Jiangnan, He
Publicado em: (2020)
por: Jiangnan, He
Publicado em: (2020)
school The role of communication in mergers and acquisitions (M&A): a comparative case study analysis acquisitions mada by plastoform group,D.D. in Slovenia
por: Kastrevc, Tina
Publicado em: (2017)
por: Kastrevc, Tina
Publicado em: (2017)
school Impact of leverage in mergers & acquisitions performance : evidence from US public firms
por: Cardoso, Manuel Murta
Publicado em: (2020)
por: Cardoso, Manuel Murta
Publicado em: (2020)
school Navigating turbulence in the Raytheon technologies merger - drivers of the merger: integration challenges and strategic mergers
por: Nuechterlein, Philipp
Publicado em: (2025)
por: Nuechterlein, Philipp
Publicado em: (2025)
school The impact of esports sponsorship on shareholder wealth: an event study
por: Ferreira, Ricardo Gaio Silva Sousa
Publicado em: (2022)
por: Ferreira, Ricardo Gaio Silva Sousa
Publicado em: (2022)
school Mergers and acquisitions in a consolidating market -Bayer´s acquisition of Monsanto - pre-merger financial due diligence of the target
por: Stobbeleir, Ilya Luca Daniel de
Publicado em: (2023)
por: Stobbeleir, Ilya Luca Daniel de
Publicado em: (2023)
article Cross-border mergers and acquisitions: a bibliometric review and future research avenues
por: Reis, Nuno
Publicado em: (2019)
por: Reis, Nuno
Publicado em: (2019)
school Barriers and critical success factors in the mergers & acquisitions industry with a focus on Latin American healthcare companies
por: Herweh, Moritz Valentin
Publicado em: (2024)
por: Herweh, Moritz Valentin
Publicado em: (2024)
article Exploring the cultural, managerial and organizational implications on mergers and acquisitions outcomes
por: Lopes da Costa, R.
Publicado em: (2021)
por: Lopes da Costa, R.
Publicado em: (2021)
school The impact of institutional distance on cross-border mergers and acquisitions completion
por: Reis, Nuno Manuel Rosa
Publicado em: (2017)
por: Reis, Nuno Manuel Rosa
Publicado em: (2017)
school The impact of european bank mergers and acquisitions on bond issuance
por: Palanca, Martina
Publicado em: (2025)
por: Palanca, Martina
Publicado em: (2025)
draft A theory on merger timing and announcement returns
por: Pereira, Paulo J.
Publicado em: (2015)
por: Pereira, Paulo J.
Publicado em: (2015)
article Mergers & acquisitions research: A bibliometric study of top strategy and international business journals, 1980–2010
por: Ferreira, Manuel Portugal
Publicado em: (2014)
por: Ferreira, Manuel Portugal
Publicado em: (2014)
school The evolution of M&A : does it create value?
por: Palminha, Francisco José Pires
Publicado em: (2018)
por: Palminha, Francisco José Pires
Publicado em: (2018)
school Capri holdings: are merger synergies just an accessory
por: Bagulho, Guilherme Afonso Costa
Publicado em: (2024)
por: Bagulho, Guilherme Afonso Costa
Publicado em: (2024)
school Synergy valuation in the Pfizer - seagen acquisition - influencing factors on acquisition premiums in R & D intensive industries for Us acquirers
por: Wehringer, Mark
Publicado em: (2024)
por: Wehringer, Mark
Publicado em: (2024)
article The effect of the evergrande bankruptcy on Chinese real estate listed firms
por: Martins, António Miguel Valente
Publicado em: (2024)
por: Martins, António Miguel Valente
Publicado em: (2024)
school Women in mergers and acquisitions: the effect of female TMT representation on acquisition premia and time to completion
por: Hammer, Ann-Sophie
Publicado em: (2022)
por: Hammer, Ann-Sophie
Publicado em: (2022)
school Synergy valuation in the Pfizer - seagen acquisition - influencing factors on acquisition premiums in R & D intensive industries for non - Us acquirers
por: Karg, Jonas Alexander
Publicado em: (2024)
por: Karg, Jonas Alexander
Publicado em: (2024)
school Skype - lessons learned from a history of success and failure in mergers and acquisitions - legal and financial aspects of intellectual property within the Skype acquisition
por: Aberham, Timon Matthias
Publicado em: (2025)
por: Aberham, Timon Matthias
Publicado em: (2025)
Registos relacionados
-
article Abnormal returns before acquisition announcements : evidence from Europe
por: Borges, Maria Rosa
Publicado em: (2013) -
school The implications on customer brand perceptions of merger & acquisition activity in the luxury industry
por: Loureiro, Filipa Aguiar
Publicado em: (2014) -
school Creating value from the outside - announcement effects of corporate venture capital investments in the automotive industry
por: Krupsky, Yannik
Publicado em: (2021) -
draft Portability of firm corporate governance in mergers and acquisitions
por: Hussain, Tanveer
Publicado em: (2022) -
article Value creation in mergers and acquisitions: The case of Portuguese banks
por: Pereira, Adalmiro
Publicado em: (2020)