TY - BOOK ID - 46171352 TI - Wealth Creation in the World’s Largest Mergers and Acquisitions : Integrated Case Studies PY - 2019 SN - 303002363X 3030023621 PB - Cham : Springer International Publishing : Imprint: Springer, DB - UniCat KW - Corporations KW - Business enterprises KW - Finance. KW - Business enterprises-Finance. KW - Corporations-Finance. KW - Personal finance. KW - Business Finance. KW - Corporate Finance. KW - Personal Finance/Wealth Management/Pension Planning. KW - Finance, Personal KW - Financial management, Personal KW - Financial planning, Personal KW - Personal finance KW - Personal financial management KW - Personal financial planning KW - Finance KW - Financial literacy KW - Planning KW - Business enterprises—Finance. KW - Corporations—Finance. KW - Pension plans. KW - Fusió d'empreses KW - Adquisició d'empreses KW - Rendibilitat KW - Gestió financera KW - Estudi de casos KW - Casos KW - Formulació clínica KW - Finances de l'empresa KW - Direcció d'empreses KW - Finances KW - Cessió de crèdits KW - Finançament de l'empresa KW - Gestió de tresoreria KW - Oferta pública d'adquisició KW - Capacitat de rendiment KW - Rendibilitat de les inversions KW - Rendibilitat financera KW - Rendiment del capital invertit KW - ROI KW - Taxes de rendiment KW - Taxes de rendibilitat KW - Anàlisi de ratios KW - Beneficis KW - Inversions KW - Productivitat KW - Anàlisi financera KW - Companyies consolidades KW - Concentració d'empreses KW - Consolidació de societats KW - Escissió d'empreses KW - Escissió de societats KW - Fusió de societats KW - Reagrupament d'empreses KW - Oligopolis KW - Canvi organitzatiu KW - Aliança d'empreses KW - Grups d'empreses KW - Reorganització d'empreses KW - Societats en participació KW - Transmissió d'empreses KW - Trusts industrials KW - Estudis de casos KW - Pensions. UR - https://www.unicat.be/uniCat?func=search&query=sysid:46171352 AB - This book highlights research-based case studies in order to analyze the wealth created in the world’s largest mergers and acquisitions (M&A). This book encourages cross fertilization in theory building and applied research by examining the links between M&A and wealth creation. Each chapter covers a specific case and offers a focused clinical examination of the entire lifecycle of M&A for each mega deal, exploring all aspects of the process. The success of M&A are analyzed through two main research approaches: event studies and financial performance analyses. The event studies examine the abnormal returns to the shareholders in the period surrounding the merger announcement. The financial performance studies examine the reported financial results of acquirers before and after the acquisition to see whether financial performance has improved after merger. The relation between method of payment, premium paid and stock returns are examined. The chapters also discuss synergies of the deal-cost and revenue synergies. Mergers and acquisitions represent a major force in modern financial and economic environment. Whether in times of boom or bust, M&As have emerged as a compelling strategy for growth. The biggest companies of modern day have all taken form through a series of restructuring activities like multiple mergers. Acquisitions continue to remain as the quickest route companies take to operate in new markets and to add new capabilities and resources. The cases covered in this book highlights high profile M&As and focuses on the wealth creation for shareholders of acquirer and target firms as a financial assessment of the merger’s success. The book should be useful for finance professionals, corporate planners, strategists, and managers. ER -