國立虎尾科技大學 |

The Value Killers = How Mergers and Acquisitions Cost Companies Billions—And How to Prevent It /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	The Value Killers/ by Nuno Fernandes.
Reminder of title:	How Mergers and Acquisitions Cost Companies Billions—And How to Prevent It /
Author:	Fernandes, Nuno.
Description:	XVIII, 88 p.online resource. :
Contained By:	Springer Nature eBook
Subject:	Business enterprises—Finance. -
Online resource:	https://doi.org/10.1007/978-3-030-12216-4
ISBN:	9783030122164

The Value Killers = How Mergers and Acquisitions Cost Companies Billions—And How to Prevent It /
Fernandes, Nuno.

The Value KillersHow Mergers and Acquisitions Cost Companies Billions—And How to Prevent It /[electronic resource] :by Nuno Fernandes. - 1st ed. 2019. - XVIII, 88 p.online resource.

1. Don’t Rely on Investment Banks for Valuation -- 2. Avoid “Strategic” Deals -- 3. Link the Before and After -- 4.Think Like a Financial Investor -- 5. Move Fast and Communicate Transparently -- 6. Conclusion: Closing the Deal, But at What Price?.

In a business climate marked by escalating global competition and industry disruption, successful mergers and acquisitions are increasingly vital to the growth and profitability of many corporations. If history is any guide, 60 to 70 per cent of new mergers will fail – and will destroy shareholder value. To date, analyses of the M&A failure rate tend to focus on individual causes – e.g., culture clashes, valuation methods, or CEO overconfidence – rather than examining the problem holistically. The Value Killers is the first book based on a holistic analysis of successful and unsuccessful transactions. Based on research, interviews with top executives, and case studies, this book identifies the key causes of failures and successes and offers prescriptions to increase the odds that future transactions will deliver all the anticipated synergies. The Value Killers offers practical advice in the form of 5 Golden Rules. These rules will help managers and boards to ensure that target companies are properly valued; potential synergies and risks are identified in advance; checks and balances are installed to make sure that the pros and cons of the transaction are rationally and objectively evaluated; mechanisms are created that will trigger termination of bad deals; and obstacles to successful post-merger integrations are assessed (and solutions developed) before the deal closes. Each chapter includes questions for executives considering future M&As to allow them to see whether they are on the right track or not. .

ISBN: 9783030122164

Standard No.: 10.1007/978-3-030-12216-4doiSubjects--Topical Terms:

1253877
Business enterprises—Finance.

LC Class. No.: HG4001-4285

Dewey Class. No.: 658.15

The Value Killers = How Mergers and Acquisitions Cost Companies Billions—And How to Prevent It /
LDR:03175nam a22003975i 4500 001 1004662
003 DE-He213
005 20201028013842.0
007 cr nn 008mamaa
008 210106s2019 gw | s |||| 0|eng d
020 $a 9783030122164 $9 978-3-030-12216-4
024 7 $a 10.1007/978-3-030-12216-4 $2 doi
035 $a 978-3-030-12216-4
050 4 $a HG4001-4285
072 7 $a KFFH $2 bicssc
072 7 $a BUS017000 $2 bisacsh
072 7 $a KFFH $2 thema
082 0 4 $a 658.15 $2 23
100 1 $a Fernandes, Nuno. $4 aut $4 http://id.loc.gov/vocabulary/relators/aut $3 1227958
245 1 4 $a The Value Killers $h [electronic resource] : $b How Mergers and Acquisitions Cost Companies Billions—And How to Prevent It / $c by Nuno Fernandes.
250 $a 1st ed. 2019.
264 1 $a Cham : $b Springer International Publishing : $b Imprint: Palgrave Macmillan, $c 2019.
300 $a XVIII, 88 p. $b online resource.
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
347 $a text file $b PDF $2 rda
505 0 $a 1. Don’t Rely on Investment Banks for Valuation -- 2. Avoid “Strategic” Deals -- 3. Link the Before and After -- 4.Think Like a Financial Investor -- 5. Move Fast and Communicate Transparently -- 6. Conclusion: Closing the Deal, But at What Price?.
520 $a In a business climate marked by escalating global competition and industry disruption, successful mergers and acquisitions are increasingly vital to the growth and profitability of many corporations. If history is any guide, 60 to 70 per cent of new mergers will fail – and will destroy shareholder value. To date, analyses of the M&A failure rate tend to focus on individual causes – e.g., culture clashes, valuation methods, or CEO overconfidence – rather than examining the problem holistically. The Value Killers is the first book based on a holistic analysis of successful and unsuccessful transactions. Based on research, interviews with top executives, and case studies, this book identifies the key causes of failures and successes and offers prescriptions to increase the odds that future transactions will deliver all the anticipated synergies. The Value Killers offers practical advice in the form of 5 Golden Rules. These rules will help managers and boards to ensure that target companies are properly valued; potential synergies and risks are identified in advance; checks and balances are installed to make sure that the pros and cons of the transaction are rationally and objectively evaluated; mechanisms are created that will trigger termination of bad deals; and obstacles to successful post-merger integrations are assessed (and solutions developed) before the deal closes. Each chapter includes questions for executives considering future M&As to allow them to see whether they are on the right track or not. .
650 0 $a Business enterprises—Finance. $3 1253877
650 0 $a Corporations—Finance. $3 1253876
650 1 4 $a Business Finance. $3 1069042
650 2 4 $a Corporate Finance. $3 1069043
710 2 $a SpringerLink (Online service) $3 593884
773 0 $t Springer Nature eBook
776 0 8 $i Printed edition: $z 9783030122157
776 0 8 $i Printed edition: $z 9783030122171
776 0 8 $i Printed edition: $z 9783030122188
856 4 0 $u https://doi.org/10.1007/978-3-030-12216-4
912 $a ZDB-2-BUM
912 $a ZDB-2-SXBM
950 $a Business and Management (SpringerNature-41169)
950 $a Business and Management (R0) (SpringerNature-43719)