Value creation through acquisitions for the acquiring company - A study on the Swedish market 2002-2009
(2012) BUSN89 20121Department of Business Administration
- Abstract
- Study on value creation for acquiring companies in Sweden in the years 2002-2009. The study is carried out by using both event- and accounting study methodology and the value creation is studied in short, medium and long-term. We find significant positive average abnormal returns of 2.82% at the announcement, which is steady until 5 days post the announcement. We find no significant abnormal changes in operational performance but the there is a tendency of improvements in all ratios used in the thesis.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/2863335
- author
- Andersson, Björn LU and Nerme, Emil LU
- supervisor
- organization
- course
- BUSN89 20121
- year
- 2012
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Acquisitions, Event study, Accounting study, Event window, Abnormal changes, Cumulative Abnormal Return, Regression analysis, Operational performance, Mergers and Acquisitions (M&A)
- language
- English
- id
- 2863335
- date added to LUP
- 2012-07-24 12:25:50
- date last changed
- 2012-07-24 12:25:50
@misc{2863335, abstract = {{Study on value creation for acquiring companies in Sweden in the years 2002-2009. The study is carried out by using both event- and accounting study methodology and the value creation is studied in short, medium and long-term. We find significant positive average abnormal returns of 2.82% at the announcement, which is steady until 5 days post the announcement. We find no significant abnormal changes in operational performance but the there is a tendency of improvements in all ratios used in the thesis.}}, author = {{Andersson, Björn and Nerme, Emil}}, language = {{eng}}, note = {{Student Paper}}, title = {{Value creation through acquisitions for the acquiring company - A study on the Swedish market 2002-2009}}, year = {{2012}}, }