EVALUATION OF EFFICIENCY OF INVESTMENTS INVOLVING MERGERS/ACQUISITIONS OF SELECTED STOCK EXCHANGE LISTED COMPANIES FROM THE PERSPECTIVE OF MARKET VALUE GENERATION BASED ON STOCK QUOTES

被引:0
|
作者
Sokol, Aneta [1 ]
Surmacz, Anna Owidia [1 ]
机构
[1] Univ Szczecin, PL-70453 Szczecin, Poland
关键词
strategy of the company's value; Mergers & Acquisitions;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
The article discusses the issue related to efficiency of investments involving mergers and acquisitions, which result from enterprises' selection of the internal growth path. Evaluation covered trends connected with creation of market value of resulting entities based on stock quotes. The aim of the article is to present main directions of market value changes and fluctuations for the analysed Polish companies, which are highly diversified, irrespective of motivations behind undertaking M&A decisions.
引用
收藏
页码:361 / 367
页数:7
相关论文
共 29 条
  • [1] The relationship of the content of the market value in the explanation of abnormal stock returns of listed companies in Tehran stock exchange
    Mothlagh, Shahin Sanechi
    Samadi, Fateme
    Hajiha, Zohre
    [J]. 1ST INTERNATIONAL CONFERENCE ON APPLIED ECONOMICS AND BUSINESS, 2016, 36 : 113 - 122
  • [2] Capital- and Market Value Fluctuations in Listed Austrian Stock Companies at the Vienna Stock Exchange 1913 to 1930
    Morgenstern, Oskar
    [J]. ZEITSCHRIFT FUR NATIONALOKONOMIE, 1932, 3 (02): : 251 - +
  • [3] WHAT DRIVES MERGERS & ACQUISITIONS WAVES OF LISTED COMPANIES OF THE CHINEXT MARKET? IPO OVER-FINANCING OR STOCK OVERVALUATION
    Xu, Xin
    Liang, Yong-jin
    Song, Shun-lin
    [J]. TECHNOLOGICAL AND ECONOMIC DEVELOPMENT OF ECONOMY, 2018, 24 (04) : 1499 - 1532
  • [4] Operational Efficiency and Influencing Factors in Sugar Industry: From the Perspective of Chinese Sugar Companies Listed on the Stock Market
    Yuan Xie
    Ru-Kai Chen
    Niandong Chen
    Youxiong Que
    [J]. Sugar Tech, 2024, 26 : 489 - 501
  • [5] Operational Efficiency and Influencing Factors in Sugar Industry: From the Perspective of Chinese Sugar Companies Listed on the Stock Market
    Xie, Yuan
    Chen, Ru-Kai
    Chen, Niandong
    Que, Youxiong
    [J]. SUGAR TECH, 2024, 26 (02) : 595 - 607
  • [6] The Impact of Disclosing Sustainability on the Value Added from the Stakeholders' Perspective of Industrial Companies Listed on the Amman Stock Exchange
    Joudeh, Abdul-Hakim Mustafa
    Alroud, Shaher Falah
    Al-Sayyed, Saleh Mohammed
    Al-Shurafa, Amjad Jamil
    Salameh, Rafat Salameh
    Joudeh, Jamal M. M.
    [J]. QUALITY-ACCESS TO SUCCESS, 2024, 25 (201): : 54 - 64
  • [7] Evaluation of the adaptive market hypothesis as an evolutionary perspective on market efficiency: Evidence from the Tehran stock exchange
    Ghazani, Majid Mirzaee
    Araghi, Mansour Khalili
    [J]. RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2014, 32 : 50 - 59
  • [8] THE INVESTMENT EFFICIENCY OF THE SELECTED FOOD INDUSTRY COMPANIES LISTED ON THE WARSAW STOCK EXCHANGE IN THE YEARS 2007-2017
    Zebrowska-Suchodolska, Dorota
    Karpio, Andrzej
    [J]. ECONOMIC SCIENCE FOR RURAL DEVELOPMENT, 2018, 49 : 196 - 203
  • [9] The composite evaluation of management performance of Chinese listed companies on stock market based on fuzzy combination
    Liu, YC
    Tie, W
    Gao, LQ
    Ping, R
    Liu, BZ
    [J]. PROCEEDINGS OF 2005 INTERNATIONAL CONFERENCE ON MACHINE LEARNING AND CYBERNETICS, VOLS 1-9, 2005, : 3506 - 3511
  • [10] Value creation efficiency of Polish construction companies listed on Warsaw Stock Exchange during 2010-2012
    Jaki, Andrzej
    Cwiek, Wojciech
    [J]. INTERNATIONAL JOURNAL OF BUSINESS PERFORMANCE MANAGEMENT, 2020, 21 (1-2) : 214 - 229