Performance of Corporate Acquisitions over the Medium Term in Germany formatIsbn:Softcover - 9783824469215 3Einflussfaktoren für die Methodenwahl6

3Einflussfaktoren für die Methodenwahl6

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Performance of Corporate Acquisitions over the Medium Term in Germany formatIsbn:Softcover - 9783824469215 3Einflussfaktoren für die Methodenwahl6Does the performance of target industrial firms whose shares have been taken over in their majority by another industrial firm come up to expectations? K. Randolf Scheller evaluates the excess stock returns not only during an announcement period, but over a longer term period of up to five years. The author rejects the shareholder value maximizing hypothesis over longer term periods in this kind of transactions because the results of his study show