| Title |
Mergers and acquisitions announcement effects to bidding company shareholders: the case of European Union during 2004–2011 / |
| Translation of Title |
Susijungimų ir įsigijimų paskelbimo efektai siūlančios įmonės akcininkams: Europos Sąjungos įmonių pavyzdys 2004–2011 metų laikotarpiu. |
| Authors |
Čiegis, Remigijus ; Andriuškevičius, Karolis |
| DOI |
10.7220/AESR.1822.7996.2013.7.1.5 |
| Full Text |
|
| Is Part of |
Taikomoji ekonomika: sisteminiai tyrimai = Applied economics: systematic research.. Kaunas : Vytauto Didžiojo universitetas. 2013, T. 7, nr. 1, p. 75-97.. ISSN 1822-7996 |
| Keywords [eng] |
Mergers and acquisitions ; Bidding company shareholder wealth effects ; Event study |
| Abstract [eng] |
The article discusses effects of international expansion, type of an acquisition, cultural and institutional distance as well as traditional control variables in order to investigate short term wealth effects for acquiring company shareholders. According to the collected theoretical and practical material, it analyzes how do economic theories explain acquisition returns. The research supports that international expansion by companies from Old EU Member States to New Member States is found to result in a a positive shareholder wealth effect. |
| Published |
Kaunas : Vytauto Didžiojo universitetas |
| Type |
Journal article |
| Language |
English |
| Publication date |
2013 |
