Managerial Finance: Volume 45 Issue 10/11

Firm mergers and acquisitions (M&As)

Shane Sanders

Hospital mergers, acquisitions and regulatory policy implications: Price, cost, access and market power effects

Bhavneet Walia, Christopher John Boudreaux

The purpose of this paper is to review the literature on hospital mergers and acquisitions (M&As).

Earnings management and performance of management buyouts

Lokman Tutuncu

The purpose of this paper is to examine the effect of pre-acquisition earnings management on the performance of private firm management buyouts.

Options availability effect on informed trading in M&As

Soniya Mohil, Archana Patro, Reena Nayyar

Informed trading has a strong liaison with the options market, as the risk in the options market is limited to the premium, leverage is high and the transaction cost is less. The…

Sources of value creation and destruction in horizontal mergers and acquisitions

Mohammed Ibrahimi, Hicham Meghouar

The purpose of this paper is to investigate the determiners to create and destroy value in horizontal mergers and acquisitions (M&A) using accounting indicators supposed to…

Acquisitions and the shareholder base

Nicholas Wonder, Claire Lending

The purpose of this paper is to study the impact of acquisitions on the number of shareholders of the acquirer (the shareholder base) and relate that effect to the method of…

Confining value from neural networks: A sectoral study prediction of takeover targets in the US technology sector

Ioannis Anagnostopoulos, Anas Rizeq

This study provides valuable insights to managers aiming to increase the effectiveness of their diversification and growth portfolios. The purpose of this paper is to examine the…

Restructuring through spin-off: impact on shareholder wealth

Puja Aggarwal, Sonia Garg

The purpose of this paper is to analyse the impact of spin-off announcements on the parent firm’s share prices. Also, it is studied that during which period the announcement…

Mergers in higher education institutions: a proposal of a novel conceptual model

Łukasz Sułkowski, Justyna Fijałkowska, Małgorzata Dzimińska

The macroeconomic changes as well as the challenges facing universities nowadays result in the transfer and adaptation of various concepts and organizational methods from…

Empirical research on mergers’ leverage dynamics and post-merger integration duration

Yao Cheng

The purpose of this paper is to examine the effects of the post-merger integration duration on acquiring firms’ leverage behavior before and after a merger, using a dynamic model…