Dissertations / Theses: 'Consolidation and merger corporations'

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Wübben, Bernd. "German mergers & acquisitions in the USA transaction management and success /." Wiesbaden : Dt. Univ.-Verl, 2007. http://dx.doi.org/10.1007/978-3-8350-9469-7.

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Alford, Wayne Stanley. "The firm, take-overs, and directors' duties : a theory of the firm and the duties imposed by law and the directors of an offeree corporation /." Thesis, National Library of Canada = Bibliothèque nationale du Canada, 1997. http://www.nlc-bnc.ca/obj/s4/f2/dsk3/ftp05/mq22699.pdf.

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De, Gooijer Jinette. "The murder in merger developmental processes of a corporate merger and the struggle between life and death impulses /." Australasian Digital Thesis Program, 2006. http://adt.lib.swin.edu.au/public/adt-VSWT20070216.104601/index.html.

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Thesis (PhD) -- Swinburne University of Technology, Australian Graduate School of Entrepreneurship, 2006.
Submitted for the degree of Doctor of Philosophy - Australian Graduate School of Entrepreneurship, Swinburne University of Technology, 2006. Typescript. Includes bibliographical references (p. 251-263).

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Zhang, Lusong. "Regulation of foreign mergers and acquisitions involving listed companies in the People's Republic of China." Click to view the E-thesis via HKUTO, 2006. http://sunzi.lib.hku.hk/hkuto/record/B37190507.

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Wong, Lai-kuen. "The effect of mergers and acquisitions announcement on the security prices of bidding firms in Asia." Hong Kong : University of Hong Kong, 1999. http://sunzi.lib.hku.hk/hkuto/record.jsp?B21326587.

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Wubben, Bernd. "German mergers & acquisitions in the USA transaction management and success /." Wiesbaden : Dt. Univ.-Verl, 2006. https://www.lib.umn.edu/slog.phtml?url=http://www.myilibrary.com?id=134436.

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Wübben, Bernd. "German mergers & acquisitions in the USA : transaction management and success /." Wiesbaden : Dt. Univ.-Verl, 2006. http://www.myilibrary.com?id=134436.

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McWilliams, Abagail. "The consolidation of American industry : a new perspective on the trust era." Connect to resource, 1987. http://rave.ohiolink.edu/etdc/view.cgi?acc%5Fnum=osu1262702190.

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Frensch, Florian. "The social side of mergers and acquisitions cooperation relationships after mergers and acquisitions /." Wiesbaden : Dt. Univ.-Verl, 2006. http://www.myilibrary.com?id=134447.

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Frensch, Florian. "The social side of mergers and acquisitions cooperation relationships after mergers and acquisitions /." Wiesbaden : Dt. Univ.-Verl, 2007. http://dx.doi.org/10.1007/978-3-8350-9576-2.

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Chow, Mun-chong Rebecca. "Company takeovers and efficiency of the Hong Kong stock market." Click to view the E-thesis via HKUTO, 1985. http://sunzi.lib.hku.hk/hkuto/record/B42574018.

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Curfs, Steven Willem. "A comparative analysis of the regulation of mergers in Canada and the European Union /." Thesis, McGill University, 2005. http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=82657.

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Merger review has gained in importance in both Canada and the European Union since the enactment of the Competition Act in 1986 and the Merger Regulation in 1989 respectively. The increase in international trade and the globalization of the world economy have forced both jurisdictions to reform the relevant provisions of their Competition law as concerns mergers in order to keep pace with these rapid changes.
The thesis offers a thorough description of the current merger review laws in both systems, and the proposed amendments under consideration in Canada and the EU. In the last chapter, the author compares both procedures and comes to the conclusion that, notwithstanding certain differences in objectives and perception, merger regulation in both systems seems to flow along the same lines. Canada does, however, hold a (lonely) special position as far as the 'efficiency defence' is concerned.

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Pitts, Jennifer P. Rainer R. Kelly. "The effects of managerial communication and justice perceptions on employee commitment to organizational change a mixed method field study /." Auburn, Ala., 2006. http://repo.lib.auburn.edu/2006%20Spring/doctoral/PITTS_JENNIFER_2.pdf.

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Miao, Liyan. "Market valuation and target horizon in mergers & acquisitions." Click to view the E-thesis via HKUTO, 2006. http://sunzi.lib.hku.hk/hkuto/record/B36943411.

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Yan, Jinghua. "Essays on corporate finance and financial institutions." online access from Digital Dissertation Consortium, 2007. http://libweb.cityu.edu.hk/cgi-bin/er/db/ddcdiss.pl?3271837.

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Ukaegbu, Eben O. "Motives for corporate mergers and takeovers : an investigation of the 'failing company' hypothesis and of post-merger performance." Thesis, University of Stirling, 1987. http://hdl.handle.net/1893/2537.

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The overall objective of the study was to determine the financial characteristics of companies involved in merger activity. More specifically, the study aims to determine: (a) whether acquired companies possessed financial characteristics similar to previous failed companies (the 'failing-company' hypothesis); (b) whether acquiring companies possessed financial characteristics similar to previous failed companies and (c) the impact of acquisition on the post-acquisition performance of acquiring companies, and particularly to consider whether their performance differs according to the financial characteristics of the companies they acquired. A new "bankruptcy prediction" model, contemporary with the acquisition data, was derived, tested for robustness, and applied to samples of acquired and acquiring companies. An indirect test of the 'failing-company' hypothesis was carried out by comparison with the results obtained on application of the model to control groups of non-acquired and non-acquiring companies. The test indicated that a higher proportion of acquired companies possessed financial characteristics similar to failed companies than the control group of non-acquired companies. This evidence tends to support the 'failing-company' hypothesis as a motive for mergers for acquired companies. Conversely, there was no such evidence in support of the hypothesis for acquiring companies. The approach adopted also allowed the dichotomy of acquired companies (failing vs. non-failing) which made it possible to test for differential post-acquisition performance of the acquiring companies. In order to evaluate the post-acquisition performance of acquiring companies, three different measurement criteria were adopted. They were: (a) accounting-based profitability and gearing ratios (b) industry-standardardised profitability measure (Meeks (1977)) and (c) performance analysis-scores (PAS-score) (Taffler (1983)). The results indicated that the acquiring companies generally incurred a decline in their post-acquisition profitability measures, while they increased their gearing ratios. Generally, the group acquiring potentially failing companies exhibited 'superior' post-acquisition performance compared with the group acquiring "non-failing" companies. These findings support the managerial motives for mergers since there appears to be little evidence that mergers are undertaken to increase profitability as implied in neoclassical motives. They also suggest the possible need for a review of public policy towards mergers; perhaps mergers ought to be encouraged only if they prevent impending bankruptcy by the acquisition of failing companies.

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Hoffmann, Nils. "German buyouts adopting a buy and build strategy : key characteristics, value creation and success factors /." Wiesbaden Gabler, 2005. http://d-nb.info/982686277/04.

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Kaufman, Daniel Joseph. "Factors affecting the magnitude of premiums paid to target shareholders in corporate acquisitions /." Connect to resource, 1986. http://rave.ohiolink.edu/etdc/view.cgi?acc%5Fnum=osu1265131756.

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Maier, Stefanie. "Die Pflichten des Bieters bei freiwilligen Übernahmeangeboten /." Berlin : Duncker und Humblot, 2006. http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&doc_number=014994298&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA.

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Urmanbetova, Aselia. "The effects of consolidation of price-cost margins in the pulp and paper industry." Thesis, Available online, Georgia Institute of Technology, 2004:, 2003. http://etd.gatech.edu/theses/available/etd-04072004-180232/unrestricted/urmanbetova%5Faselia%5F200312%5Fms.pdf.

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De, Gooijer Jinette, and n/a. "The murder in merger : developmental processes of a corporate merger and the struggle between life and death impulses." Swinburne University of Technology, 2006. http://adt.lib.swin.edu.au./public/adt-VSWT20070216.104601.

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This thesis contends that a corporate merger, on the scale of a global order, is a 'catastrophic change' and depends on 'killing off' parts of the former organisations for its success. The act of annihilating parts of the former organisations is experienced as disengaged and murderous by organisational members. This arouses persecutory anxiety of an unbearable intensity amongst members from which they defend themselves by emotionally disconnecting from the psychic reality of the organisation. Several contentions underpin the hypothesis: 1. that a merger involves a developmental process in the creation and growth of a new organisation; 2. the event of a merger causes disruptions to roles and relationships that are experienced as a loss of power, status and identity, and also as an emotional loss for what had been cherished and valued in the former organisation/s; 3. the emotional loss evokes the symbolic experience of the loss of a 'loved object', and an instinctual loss becomes attached thereby to the real losses; and thus, 4. the process of merger involves a symbolic destruction of the 'loved organisational object' of the former organisations, as held in the minds of organisational members. The thesis is based on case study research conducted on the topic of emotional connectedness in a network organisation over a three year period. Fieldwork began at the time when the participating firm had just formed from a global merger of two large global enterprises. The Australia-New Zealand regional operations were the focus of the study. The research discovered a significant degree of emotional disconnectedness due to: 1. the nature of the work that required staff to work on client sites, away from home and often alone; 2. a multiplicity of organisational structures that engendered fragmentary connections; 3. valuing individuals' self-reliance over and above the interdependence of organisational members; 4. the many external changes experienced by the firm from the effects of the merger and from market economics, political and business turmoil, and for the Australia- New Zealand operations, a shift in the location of their corporate head office from North America to Europe; 5. increasing uncertainty within the industry, and a commensurate increase in competitiveness; 6. a loss of profitability in the Asia-Pacific region in which the case study participants were located; 7. the turnover in the regional director's role, with three appointments in less than two years; 8. dramatic rises and falls in staff numbers, ranging from an initial 450, to a high of 750, and sudden decline to 120 people during the period of the study; 9. the reluctance of vice-presidents and directors to take up a corporate management role, preferring to work as 'project managers' on client assignments; and 10. all these factors contributing to an anxiety about the future of the Australia-New Zealand (A-NZ) operations which was expressed as a fear of survival. In response to these many factors, staff and management felt vulnerable and insecure, experiencing the merger as an annihilation of 'loved objects'. These included the loss of a partner's autonomy and ownership in the firm, familiar work procedures, and the loss of belonging to a partner's work group and associated long-term relationships. The emotional aspects of dealing with these losses and feelings were placed upon individuals to manage for themselves. The burden of ensuring the survival of the firm was displaced upon individuals, such that consultants became not only the 'container for work', but also the 'container for the organisation's survival'. As the merger progressed and more changes to the business were implemented with little to no containment of people's felt experiences, the psychic reality of the A-NZ operations became saturated with persecutory anxiety. In some parts of these operations, the anxiety became so great that group interactions (what there were of them) seemed psychotic. Those in management roles displayed a level of anxiety that appeared to be unbearable for the individuals concerned, and which resulted at times in manic responses to the human and commercial needs of the business. Bion's theories of catastrophic change and emotional links, and Klein's theories on persecutory and depressive anxieties are applied to understanding the systems psychodynamics of the effects of the merger upon the organisation. The case reveals the presence of persecutory anxiety in the immediate aftermath of the merger, lasting for nearly three years. Various social defence mechanisms are identified as being used by organisational members against this anxiety. They are: the co-existence of multiple organisational structures; a sentient sub-system of 'counselling families'; idealisation of autonomous individuals; plus, the mechanisms of projection, denial and regression. Four factors are identified as significant for containing destructive forces in a corporate merger: a) the role of emotional links to understanding the internal reality of a newly merged organisation; b) the containment of experiences of catastrophic change and projective processes; c) managing the realistic and neurotic anxieties of organisational members; and, d) identifying and managing the primary risk in a merger. A model is presented on the systems psychodynamics of a corporate merger. It identifies the change process that a merger entails, and the psychodynamics of this process using Bion's concept of container'contained. The thesis contributes to understanding the psychic reality of organisational mergers and offers a perspective that being alert to staff members' felt experiences and their emotional connectedness, as a normal part of business, provides 'leading data' on the health of the enterprise. Managers who are more 'wholly' informed about organisational realities, both external and psychic realities, can work more realistically on resolving problems, assessing risks, or making strategic business decisions.

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Tiwari, Rajesh Kumar. "A Theory of the Role of Medium of Exchange in Mergers and Acquisitions." Thesis, University of North Texas, 1994. https://digital.library.unt.edu/ark:/67531/metadc278630/.

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An acquisition bid is like any other proposal for risky investment. The difference arises due to additional source of risk arising from two different sources of information asymmetry due to private knowledge held by the bidder and target. We hypothesize that the bidding process evolves in a manner to optimize bidder's investment in the target through a process of joint signalling. Medium of exchange and bid premium are used as the two signal elements simultaneously by the bidder. We develop a multiple signalling model of the bidding process which is fully revealing in equilibrium.

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Zhang, Wei. "Essays on value and valuation in mergers and acquisitions." Online access for everyone, 2008. http://www.dissertations.wsu.edu/Dissertations/Summer2008/w_zhang_071008.pdf.

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Ge, Rui. "Two essays on positive accounting research /." View abstract or full-text, 2009. http://library.ust.hk/cgi/db/thesis.pl?ACCT%202009%20GE.

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Gallyamova, Renata F. Bertus Mark J. "The impact of the Sarbanes-Oxley Act of 2002 on the premia paid for target companies in mergers and acquisitions." Auburn, Ala, 2008. http://hdl.handle.net/10415/1521.

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Shenoy, Jaideep. "[Essay 1: An examination of the efficiency, foreclosure, and collusion rationales for vertical takeovers ; Essay 2: Determinants of firm vertical boundaries and implications for internal capital markets ]." unrestricted, 2009. http://etd.gsu.edu/theses/available/etd-04292009-140733/.

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Thesis (Ph. D.)--Georgia State University, 2009.
Title supplied by cataloger from ETD form. Omesh Kini, committee chair; Husayn Shahrur, Gerald Gay, Jayant Kale, Harley E. Ryan, committee members. Description based on contents viewed July 30, 2009. Includes bibliographical references.

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Hoffmann, Nils. "German buyouts adopting a buy and build strategy key characteristics, value creation and success factors /." Wiesbaden : Deutscher Universitäts-Verlag, 2008. http://dx.doi.org/10.1007/978-3-8349-9634-3.

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Barouk, Naima. "Der angemessene Preis im deutschen und französischen Übernahmerecht /." Berlin : Duncker & Humblot, 2008. http://d-nb.info/987920200/04.

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Kim, Keeho. "A Test of Allocational Market Efficiency in Takeovers Using Tobin's q Theory of Investment." Thesis, North Texas State University, 1987. https://digital.library.unt.edu/ark:/67531/metadc332371/.

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The primary purpose of the study was to investigate whether takeover markets are allocationally efficient using Tobin's q as the variable which summarizes the investment opportunities of firms. Chapter I presented the purposes, hypotheses, methodology, and limitations of the study. The two hypotheses proposed were as follows: Acquiring firms' q should be significantly higher than that of control firms, on average, and target firms' q should be significantly lower than that of control firms, on average. Chapter II presented the review of literature on takeovers and theory of investments. Chapter III presented the research design adopted to test the above hypotheses. The methodology to calculate q-values and methods to reduce the bias which may result from choice-based sampling were also given. A paired comparison t-test was employed to test the hypotheses. Sample firms were selected from the COMPUSTAT RESEARCH and COMPUSTAT INDUSTRIAL tape.

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Smistad, Rikard Englund. "An examination of the collusion hypothesis using Canadian horizontal mergers." Thesis, University of British Columbia, 1985. http://hdl.handle.net/2429/24405.

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The objective of this thesis is to examine the traditional structure-conduct-performance (SCP) paradigm as it applies to current Canadian merger policy and to Canadian merger activity during the period January 1964 to December 1983. The SCP paradigm postulates that with increasing industry concentration there will be increased incentives for firms within the industry to engage in anti-competitive, collusive behavior. Since successful collusion increases product prices, the SCP paradigm implies that horizontal mergers, which by definition increase concentration, will generate increased industry-wide profits. Thus, horizontal mergers should benefit not only the merger participants, but also the product market rivals of the merging firms. This hypothesis is examined using a sample of Canadian horizontal mergers in oil and gas, mining and manufacturing industries and a "control" sample of non-horizontal mergers taking place in the same industries. The results do not support the collusion hypothesis postulated by the SCP paradigm but are consistent with the theory that Canadian mergers are motivated by perceived economic efficiencies.
Business, Sauder School of
Graduate

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Bonova, Lucia. "The international merger control regime : building cooperation without harmonization." Thesis, McGill University, 2005. http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=98603.

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Globalization has had two major implications for national merger control regimes: national competition authorities are called more and more to examine transactions with cross-border dimensions and secondly, domestic business practices may be scrutinized by foreign nations. In light of this, divergent substantive standards have become a source of international friction, notably between the two most mature merger control regimes, the European Union and the United States.
Facing this new reality, it has become clear that some sort of international arrangement will be needed in order to reduce the inefficiencies created by multijurisdictional review. Various proposals have been made, ranging from ambitious ones that would include the creation of an international competition code and enforcement agency, to more realistic proposals of achieving international coordination of merger control regimes through bilateral and multilateral cooperation amongst antitrust agencies.
This thesis argues that the path of large-scale cooperation is the most appropriate way to cope with the problems raised by globalization. As such, cooperation does not imply the harmonization of merger control regimes. The future lies in the hands of the International Competition Network which, despite considerable achievements, must evolve in the near future.

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Wong, Wai-man Peter. "Merger and acquisition strategies of Hong Kong major listed companies /." Hong Kong : [University of Hong Kong], 1990. http://sunzi.lib.hku.hk/hkuto/record.jsp?B12792718.

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Miao, Liyan, and 繆麗燕. "Market valuation and target horizon in mergers & acquisitions." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2006. http://hub.hku.hk/bib/B36943411.

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Thornton, Phillip W. (Phillip Wynn). "The Role of Accounting Information in Investor Assessments of Corporate Takeovers." Thesis, University of North Texas, 1993. https://digital.library.unt.edu/ark:/67531/metadc278841/.

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Connell, Richard B. Marketing Australian School of Business UNSW. "A framework for understanding factors that intervene between positive evaluations of acquisition candidates and entry into negotiations." Awarded by:University of New South Wales. Marketing, 2005. http://handle.unsw.edu.au/1959.4/22266.

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There are substantial bodies of literature that advance theory about why Merger and Acquisition (M and A) candidates are found to be unattractive, why negotiations aren???t concluded and why the benefits of companies that are acquired are not realized. Little, if any, research identifies why M and A opportunities are not pursued in the period after candidates are analysed and found to be attractive but before negotiations begin. This study addresses this period by developing a theoretical framework of the variables that intervene to reverse decisions to pursue apparently attractive candidates before negotiations begin and which, in doing so, result in missed opportunities. The study is informed primarily by the Strategic Management content literature (Ansoff, 1965, Porter, 1980) but draws from the strategy process literature (Huff and Reger, 1987) including streams in Strategic Decision Making (SDM) (Papadakis and Barwise, 1998, Schwenck, 1995). The framework is developed using a multiple-case study method. This choice was dictated by the study???s theory building objective, the nature of the research questions ??? that is, what variables influence decisions and how? ??? and the lack of an existing theoretical foundation on which to build. The sample consisted of 37 decisions reversals made by 27 firms in Australia, Europe and the USA. The results suggest that there are three major categories of variables that stop acquirers from pursuing potentially attractive acquisition candidates. These are related to the acquirers???: ??? Strategy and objectives: For example, whether there is a change in strategy or objectives, or either or both are poorly understood and agreed between organizational levels or units; ??? Organizational functional resources: For example, whether constraints on appropriate knowledge and skill sets develop or are perceived to be likely to develop during the post-evaluation period; ??? Other financial factors: For example, whether a shortage of funds develops. Twelve individual variables are identified. Ten of these appear to be consistent with factors that Ansoff and colleagues (1971) associate with post-acquisition failure although variable definitions are not always comparable. Poor management of the variables thus appears to have the potential to expose acquirers to two different but important vulnerabilities. First, potentially attractive M and A opportunities may be forgone if the variables are operative in the post-evaluation ??? pre-negotiation period; second, if they don???t become operative until after the acquisition is consummated, the benefits of attractive companies that are acquired may not be realized. This study???s most important contribution is to the theoretically diverse base of acquisition performance literature which, to-date, tends to examine phases in the M and A decision making process before or after the focal period of this study. It also illustrates the use of a general multi-theoretic model of Strategic Decision Making (Rajagopolan, et al., 1993, 1998) exclusively in the M and A domain, a domain whose decisions are worthy of study in their own right. Finally, it provides insights into a new set of factors subject to control that managers may take into account in their acquisition planning.

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Blease, John Robert. "The effect of the portfolio of takeover provisions on operating performance, takeovers, and takeover premiums /." view abstract or download file of text, 2002. http://wwwlib.umi.com/cr/uoregon/fullcit?p3045084.

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Thesis (Ph. D.)--University of Oregon, 2002.
Typescript. Includes vita and abstract. Includes bibliographical references (leaves 112-118). Also available for download via the World Wide Web; free to University of Oregon users.

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Wood, David J. H. "Corporate consolidation an event study of historic stock prices in the defense aerospace industry." Thesis, Monterey, California : Naval Postgraduate School, 2009. http://edocs.nps.edu/npspubs/scholarly/theses/2009/Dec/09Dec%5FWood.pdf.

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Thesis (Master of Business Administration)--Naval Postgraduate School, December 2009.
Thesis Advisor(s): Laverson, Alan. Second Reader: Gates, William. "December 2009." Description based on title screen as viewed on January 27, 2010. Author(s) subject terms: Defense industry, Consolidations, Mergers, Acquisitions, Event study, Boeing, Lockheed Martin, Northrop Grumman, Raytheon. Includes bibliographical references (p. 55-58). Also available in print.

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Zhang, Lusong, and 張露松. "Regulation of foreign mergers and acquisitions involving listed companies in the People's Republic of China." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2006. http://hub.hku.hk/bib/B37190507.

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Moore, Keith M. "The effects of the risk arbitrage process on the trading in securities involved in takeovers." Full text available, 2004. http://images.lib.monash.edu.au/ts/theses/moore.pdf.

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Panagiotakopoulos, Panagiotis Tourkantonis Konstantinos. "Market perception of consolidations in the European defense industry from 2001 to 2009 a case of event studies." Monterey, Calif. : Naval Postgraduate School, 2009. http://handle.dtic.mil/100.2/ADA501516.

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"Submitted in partial fulfillment of the requirements for the degree of Master of Business Administration from the Naval Postgraduate School, June 2009."
Advisor(s): Hensel, Nayantara ; Summers, Don. "June 2009." "MBA professional report"--Cover. Description based on title screen as viewed on July 16, 2009. DTIC Identifiers: European Defense Industry, event study, merger, consolidation, abnormal return. Author(s) subject terms: European Defense Industry, event study, merger, acquisition, consolidation, abnormal return. Includes bibliographical references (p. 55-57). Also available in print.

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Baik, Kyung Hwan. "Capacity, entry deterrence, and horizontal merger." Diss., Virginia Polytechnic Institute and State University, 1989. http://hdl.handle.net/10919/54483.

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This dissertation examines the free-rider problem of entry deterrence, the profitability of a horizontal merger, and the effects of a horizontal merger on the outsiders’ profits and industry prices, in the markets where firms' capacity costs are sunk. We investigate the free-rider problem of entry deterrence in the subgame perfect Nash equilibria of a three-stage game in which in the first stage multiple incumbent firms choose their capacities simultaneously and independently, in the second stage a potential entrant, after observing the incumbent firms’ capacity vector, chooses its capacity, and in the third stage the firms engage in capacity-constrained Cournot competition. We show that the free-rider problem may occur: there are situations where both entry prevention and allowing entry are equilibria but entry prevention is Pareto superior for the incumbent firms. We also show that increasing the number of incumbent firms may cause the equilibrium price to increase and thus consumer welfare to decrease. The free-rider problem is still manifested in a modified model in which multiple potential entrants choose their capacities sequentially after the first stage incumbents’ capacity decisions. Several recent papers which theoretically analyze the profitability of a horizontal merger and its effects on the outsiders’ profits and industry prices, all observe that a merger never decreases industry prices, a merger to a monopoly is always profitable, and a merger never hurts the outsiders. However, we demonstrate, in a market for a homogeneous product where firms with sunk capacities compete in quantities and there are potential entrants, that a merger can decrease industry price and a merger of incumbent firms to a monopoly may not be profitable. We also show, in a market for a homogeneous product where firms with sunk capacities engage in capacity-constrained price competition, that a merger can hurt the outsiders.
Ph. D.

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Paul, Donna. "Internal governance and the correction of managerial error : evidence from corporate restructuring following bad acquisition bids /." view abstract or download file of text, 2001. http://wwwlib.umi.com/cr/uoregon/fullcit?p3018386.

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Thesis (Ph. D.)--University of Oregon, 2001.
Typescript. Includes vita and abstract. Includes bibliographical references (leaves 73-75). Also available for download via the World Wide Web; free to University of Oregon users.

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Leung, Tak Yan. "Performance evaluation on the acquisition cases in Hong Kong." HKBU Institutional Repository, 1998. http://repository.hkbu.edu.hk/etd_ra/206.

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Lange, Michael. "Rechtsfragen der Finanzierung eines feindlichen Übernahmeangebotes : am Beispiel der großen Publikumsgesellschaft nach US-amerikanischem und deutschem Recht /." Frankfurt am Main [u.a.] : Lang, 2005. http://www.gbv.de/dms/spk/sbb/recht/toc/491597398.pdf.

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Horner, Stephen V. "Director ties, board experience, and firm strategic outcomes board experience effects on post-acquisition performance /." Diss., Columbia, Mo. : University of Missouri-Columbia, 2006. http://hdl.handle.net/10355/4489.

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Thesis (Ph. D.) University of Missouri-Columbia, 2006.
The entire dissertation/thesis text is included in the research.pdf file; the official abstract appears in the short.pdf file (which also appears in the research.pdf); a non-technical general description, or public abstract, appears in the public.pdf file. Title from title screen of research.pdf file (viewed on August 1, 2007) Includes bibliographical references.

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Souder, Tavis J. "The effect of time on merger motivations." Honors in the Major Thesis, University of Central Florida, 2001. http://digital.library.ucf.edu/cdm/ref/collection/ETH/id/247.

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This item is only available in print in the UCF Libraries. If this is your Honors Thesis, you can help us make it available online for use by researchers around the world by following the instructions on the distribution consent form at http://library.ucf.edu/Systems/DigitalInitiatives/DigitalCollections/InternetDistributionConsentAgreementForm.pdf You may also contact the project coordinator, Kerri Bottorff, at kerri.bottorff@ucf.edu for more information.
Bachelors
Business Administration
Finance

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47

Kavanagh, Marie Helen. "Individual values, organisational culture, and acculturation during mergers /." [St. Lucia, Qld. : s.n.], 2002. http://www.library.uq.edu.au/pdfserve.php?image=thesisabs/absthe16651.pdf.

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De, Bruin Magdalena Maria. "Belastingoorwegings om in gedagte te hou by samesmeltings en oornames van Suid-Afrikaanse maatskappye." Thesis, Stellenbosch : Stellenbosch University, 2000. http://hdl.handle.net/10019.1/51634.

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Thesis (MComm)--Stellenbosch University, 2000.
ENGLISH ABSTRACT: TAX CONSIDERATIONS OF MERGERS AND ACQUISITIONS During the past few years the South African business environment experienced a considerable increase in corporate mergers and acquisitions. At a corporate tax rate of thirty per cent, the tax implications of mergers and acquisitions have an important impact on the financial success thereof. By way of background information, a short exposition of the characteristics, the various forms and the reasons for the increase, of mergers and acquisitions is provided. Essentially a merger or acquisition entails the acquisition of either the business of, or the shares in, the target company. A comparison is drawn between the tax consequences of the above two options for both parties to mergers and acquisitions. The composition of the purchase price payable by an acquiring company in respect of the acquisition of the target company's business or shares may have far reaching tax consequences. Consequently, the most commonly used arrangements relating to payment of the purchase price are scrutinized from a tax point of view. The bulk of the study consists of an analysis of particular aspects of mergers and acquisitions, which may, depending on how a particular transaction is structured, result in important tax benefits. The analysis is directed towards, firstly, establishing the tax consequences arising from mergers and acquisitions and, secondly, suggesting tax efficient structuring methods or alerting against structuring options that may have detrimental tax results. Some of the proposed tax structuring techniques have tax efficient results for one party to the merger or acquisition, but result in corresponding negative tax effects for the other. There are, however, opportunities to structure a tax efficient transaction in such a way to ensure that both parties share in the tax benefit. lt is even possible to, in respect of certain aspects of mergers and acquisitions, achieve a tax efficient result for both parties to the transaction without any commensurate disadvantage, or without them having to share the benefits thereof. lt is important to evaluate tax planning strategies against the general antiavoidance measures contained in the doctrine of substance over form and in tax legislation. Consequently, in the final analysis, the applicability of the antiavoidance measures to the tax planning strategies proposed in this study, is considered.
AFRIKAANSE OPSOMMING: BELASTINGOORWEGINGS OM IN GEDAGTE TE HOU BY SAMESMEL TINGS EN OORNAMES VAN SUID-AFRIKAANSE MAATSKAPPYE Korporatiewe samesmeltings en oornames is 'n dinamiese en immer groeiende area van die Suid-Afrikaanse besigheidsomgewing. Teen 'n korporatiewe belastingkoers van dertig persent is die belastinggevolge van 'n samesmelting of oorname 'n belangrike faktor in die finansiele sukses daarvan. Ter agtergrondinligting word daar in hierdie studie 'n kort uiteensetting van wat 'n samesmelting en oorname behels, die verskillende vorme wat dit kan aanneem en die redes waarom samesmeltings en oornames plaasvind, gegee. In wese kan 'n samesmelting of oorname geskied deur die verkryging van of die besigheid of die aandele van 'n teikenmaatskappy. 'n Vergelyking tussen die belastingimplikasies van genoemde twee opsies word uit die perspektief van beide die verkrygende maatskappy en die teikenmaatskappy, getref. Die samestelling van die koopprys wat ingevolge 'n oorname of 'n samesmelting betaalbaar is, kan verreikende belastingimplikasies inhou. Die mees algemene wyses van betaling, en die belastinggevolge wat daaruit voortvloei, word dus geanaliseer. Die studie behels hoofsaaklik 'n ontleding van spesifieke aspekte inherent aan samesmeltings en oornames wat, afhangend van die strukturering van die transaksie, verskillende belastinggevolge inhou. Die doel met die ontleding is tweeledig, naamlik om, eerstens, die belastinggevolge van samesmeltings en oornames vas te stel en om, tweedens, enersyds voorstelle te maak vir effektiewe belastingstrukturering, en andersins te waarsku teen struktureringsopsies wat negatiewe belastinggevolge mag inhou. Sommige struktureringstegnieke hou voordelige belastinggevolge vir een party tot 'n samesmelting of oorname in, maar lei tot korresponderende nadelige belastinggevolge vir die ander party. In sommige gevalle is dit egter moontlik om 'n middeweg tussen die voordeel en korresponderende nadeel te vind, sodat die partye in die voordeel kan deel. Daar word ook aangetoon dat sommige aspekte van samesmeltings en oornames, indien dit noukeurig beplan word, belastingvoordele sonder enige korresponderende nadele vir beide partye kan inhou. Belastingbeplanningstegnieke moet egter aan die algemene teenvermydingsmaatreels wat in die leerstuk van wese bo vorm, asook in belastingwetgewing, vervat word, gemeet word. Die studie word dus afgesluit met 'n bespreking van die toepaslikheid van die algemene teenvermydingsmaatreels op die voorstelle wat gemaak word ten opsigte van belastingstruktureringsopsies.

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Fung, Kam-yiu Tommy. "Mergers & acquisitions : management issues and strategic implications in it organization : case study of acquisition of Midland Bank by Hongkong Bank /." Hong Kong : University of Hong Kong, 1996. http://sunzi.lib.hku.hk/hkuto/record.jsp?B17956778.

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50

Garcia, Elda Aimee Perez. "Stock price reaction to merger and acquisiton [i.e. acquisition]." View electronic thesis, 2008. http://dl.uncw.edu/etd/2008-3/r3/garciae/eldagarcia.pdf.

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Dissertations / Theses on the topic 'Consolidation and merger corporations'

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