國立虎尾科技大學 |

The Shortrun Impact of Acquisitions on Shareholder Value During the Economic Downturn for Acquiring JSE Listed Companies.

紀錄類型:	書目-語言資料,手稿 : Monograph/item
正題名/作者:	The Shortrun Impact of Acquisitions on Shareholder Value During the Economic Downturn for Acquiring JSE Listed Companies./
作者:	Gumede, Percy.
面頁冊數:	1 online resource (79 pages)
附註:	Source: Masters Abstracts International, Volume: 85-06.
Contained By:	Masters Abstracts International85-06.
標題:	Heavy construction. -
電子資源:	click for full text (PQDT)
ISBN:	9798381002300

The Shortrun Impact of Acquisitions on Shareholder Value During the Economic Downturn for Acquiring JSE Listed Companies.
Gumede, Percy.

The Shortrun Impact of Acquisitions on Shareholder Value During the Economic Downturn for Acquiring JSE Listed Companies. - 1 online resource (79 pages)

Source: Masters Abstracts International, Volume: 85-06.

Thesis (M.B.A.)--University of Pretoria (South Africa), 2009.

Includes bibliographical references

The study of Mergers and Acquisitions has remained very topical for over two decades. Mergers and acquisitions attract attention from different stakeholders like Governments, Media, Investors, Employees, Private Equity Firms, Legal Firms, and Investment Banks. However it remains unclear whether Mergers and Acquisitions add shareholder value or not. The aim of this research is to investigate the shortrun impact of acquisitions on shareholder value for companies listed on the Johannesburg Securities Exchange (JSE) within the current economic downturn. It also touches on the impact of Black Economic Empowerment acquisitions on shareholder value.The Cumulative Abnormal Returns (CAR) of acquiring companies around the announcement date were tested to determine whether they were significantly different from zero.The study did find some glimpses of positive and negative statistically significant Cumulative Abnormal Returns over some event windows. However the holistic view did not show any proof of statistically significant Cumulative Abnormal returns around the announcement date. In conclusion this study showed that on average Mergers and Acquisitions have a neutral impact on shareholder value of the acquiring companies.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2024

Mode of access: World Wide Web

ISBN: 9798381002300Subjects--Topical Terms:

1475220
Heavy construction.
Index Terms--Genre/Form:

554714
Electronic books.

The Shortrun Impact of Acquisitions on Shareholder Value During the Economic Downturn for Acquiring JSE Listed Companies.
LDR:02537ntm a22003617 4500 001 1149080
005 20240930130042.5
006 m o d
007 cr bn ---uuuuu
008 250605s2009 xx obm 000 0 eng d
020 $a 9798381002300
035 $a (MiAaPQ)AAI30713594
035 $a (MiAaPQ)Pretoria_226323867
035 $a AAI30713594
040 $a MiAaPQ $b eng $c MiAaPQ $d NTU
100 1 $a Gumede, Percy. $3 1475219
245 1 4 $a The Shortrun Impact of Acquisitions on Shareholder Value During the Economic Downturn for Acquiring JSE Listed Companies.
264 0 $c 2009
300 $a 1 online resource (79 pages)
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
500 $a Source: Masters Abstracts International, Volume: 85-06.
500 $a Advisor: Ward, Mike.
502 $a Thesis (M.B.A.)--University of Pretoria (South Africa), 2009.
504 $a Includes bibliographical references
520 $a The study of Mergers and Acquisitions has remained very topical for over two decades. Mergers and acquisitions attract attention from different stakeholders like Governments, Media, Investors, Employees, Private Equity Firms, Legal Firms, and Investment Banks. However it remains unclear whether Mergers and Acquisitions add shareholder value or not. The aim of this research is to investigate the shortrun impact of acquisitions on shareholder value for companies listed on the Johannesburg Securities Exchange (JSE) within the current economic downturn. It also touches on the impact of Black Economic Empowerment acquisitions on shareholder value.The Cumulative Abnormal Returns (CAR) of acquiring companies around the announcement date were tested to determine whether they were significantly different from zero.The study did find some glimpses of positive and negative statistically significant Cumulative Abnormal Returns over some event windows. However the holistic view did not show any proof of statistically significant Cumulative Abnormal returns around the announcement date. In conclusion this study showed that on average Mergers and Acquisitions have a neutral impact on shareholder value of the acquiring companies.
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2024
538 $a Mode of access: World Wide Web
650 4 $a Heavy construction. $3 1475220
650 4 $a Internet. $3 562311
650 4 $a Investments. $3 557691
650 4 $a Corruption. $3 784560
650 4 $a Bids. $3 1466259
650 4 $a Finance. $3 559073
655 7 $a Electronic books. $2 local $3 554714
690 $a 0310
690 $a 0543
690 $a 0501
690 $a 0508
710 2 $a ProQuest Information and Learning Co. $3 1178819
710 2 $a University of Pretoria (South Africa). $b Gordon Institute of Business Science (GIBS). $3 1437799
773 0 $t Masters Abstracts International $g 85-06.
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=30713594 $z click for full text (PQDT)