Impact of mergers and acquisitions on companies’ financial performance

Borodin, Alex; Ziyadin, Sayabek; Islyam, Gulnara; Panaedova, Galina

doi:10.14254/2071-8330.2020/13-2/3

Cited by 23 publications

(18 citation statements)

References 15 publications

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“…The function of stimulating demand increasingly reveals the signs of the function of its regulator. The term "modern advertising" is spreading, in contrast to "traditional advertising," as it meets new market objectives, including marketing ones (Litvishko et al, 2020;Borodin et al, 2020).…”

Section: Advertising As a Tool For Communication And Marketing Strategiesmentioning

confidence: 99%

Marketing of Cities as Centres of Socio-Economic Development in the Process of Globalisation

Ignatyevs¹,

Makushkin²,

Spivakovskyy³

2021

IJFR

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Modern trends in the formation of urban development are based primarily on the extent to which the territory of a city can be attractive for investors, interested people in general and public administration systems. When regarding programs for the development of urban areas in the structure of sustainable development, it is necessary to highlight the methods of forming an attractive image of a city, which is considered a marketing tool. Understanding the possibilities for the development of an urban area requires the formation of tools for spatial marketing and opportunities for the establishment of measures for the development of individual tools of communication between city authorities and the external environment. The novelty of the research is determined by the structural feature of the formation of an integrated method of using marketing tools to promote the image of a city in the informational, social, and cultural aspects. The authors show the tools for implementing the marketing strategy of the urban area as elements of sustainable development. Stakeholders of sustainable development are shown not only local management structures but also global investment funds and transnational corporations. The practical significance of the study is determined by the possibility of forming based on an urban area, which is marked by the presence of sustainable development markers, innovative and science-intensive centres, and analytical corporations. The formation of development centres is also possible through the creation of smart cities.

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Section: Advertising As a Tool For Communication And Marketing Strategiesmentioning

confidence: 99%

Marketing of Cities as Centres of Socio-Economic Development in the Process of Globalisation

Ignatyevs¹,

Makushkin²,

Spivakovskyy³

2021

IJFR

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“…Alternately, Operational and Financial Synergies are more attainable if the target and the acquirer are from the identical sector. Related acquisitions have a better abnormal return than non-related acquisitions (Akbulut & Matsusaka, 2010;Borodin et al, 2020;Liu et al, 2019;Moeller & Schlingemann, 2005;Slangen, 2006). Diversification, on the other side, is frequently cited as an advantage of M&A, particularly in conglomerate M&A.…”

Section: Factors That Impact Manda Successmentioning

confidence: 99%

Measurement of synergy in merger & acquisitions: A panel data approach using composite variable (principal component analysis)

Kalsie

Singh

2021

J Corp Accounting Finance

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The primary purpose of this research is to look into the Impact of cash payment on Operating and Financial synergies generated post the merger. The two-stage least squares method Instrumental-variables regression technique is employed to test the hypothesis of impact of cash payment on the synergies gained by the acquirer post the merger. The uniqueness of this paper is that it develops an effective technique for evaluating the phenomena of M&As using a composite synergy variable that accurately reflects the dynamic phenomenon. The paper uses "Principal Component Analysis" (PCA) estimation to generate dependent variable which is a conglomerate of several factors. For all models, the findings of the study reveal that payment in cash has a favorable and significant relationship with Operational and Financial Synergy, demonstrating the increased viability of acquiring entities in post-M&A stage. Synergistic advantages of M&A appear to be perceived by enhanced Operating Income, improvement in R&D expenditure (statistically significant) and a positive Return on Asset (non-significant). The paper looks at a wide variety of domestic M&A transactions in India. So far, no systematic research has been done to determine the possible realization of synergistic gains for Indian firms undergoing M&As.

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“…In this context, privatisation is considered as a way to increase the efficiency of the economy and economic growth, which is achieved by reforming property relations, in particular, overcoming monopolies. Therewith, the processes of privatisation and privatization of state and collective property, which underlie the reform of property relations, become attractive objects of investment (including foreign direct), competition, efficiency and restructuring of the economy, filling state and local budgets, increase motivation for highly productive work, ensuring the development of a responsible stratum of private owners and, accordingly, the middle class (Zakharchenko, 2017;Borodin et al, 2020).…”

Section: Introductionmentioning

confidence: 99%

Privatisation in Ukraine as a Deterrent to the Innovative Development of the National Economy

Paryzkyi

Ivanchov

Antonova

2021

EEA

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The study investigates the stages and features of privatisation in Ukraine. it describes the impact and consequences of privatisation on the economic potential of the country. The main features and problems of the privatisation process in Ukraine are identified. Theoretical and practical analysis of the consequences of privatisation of state property on the innovative development of Ukraine's economy has been carried out. It was established that the withdrawal from state ownership by means of privatising enterprises is a challenge that negatively affects innovation activity, because it is mainly associated not with the creation of "know-how" to ensure economic development, but with encroachment on material resources states with the motive of enrichment, which leads to the cessation of development and introduction of existing (often imported) technologies and, as a consequence, threatens the internal innovation potential and national security of the country. The proposed ways to reform the privatisation process are aimed at mitigating the consequences of unfair privatisation to strengthen the competitiveness of the national economy, its innovative development and improve the social situation of citizens of Ukraine.

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Impact of mergers and acquisitions on companies’ financial performance

Cited by 23 publications

References 15 publications

Marketing of Cities as Centres of Socio-Economic Development in the Process of Globalisation

Marketing of Cities as Centres of Socio-Economic Development in the Process of Globalisation

Measurement of synergy in merger & acquisitions: A panel data approach using composite variable (principal component analysis)

Privatisation in Ukraine as a Deterrent to the Innovative Development of the National Economy

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