7. The Short-Term and Long-Term Performance of M&As

  1. H. Kent Baker and
  2. Halil Kiymaz
  1. Shantanu Dutta1 and
  2. Samir Saadi2

Published Online: 29 NOV 2011

DOI: 10.1002/9781118258996.ch7

The Art of Capital Restructuring: Creating Shareholder Value through Mergers and Acquisitions

The Art of Capital Restructuring: Creating Shareholder Value through Mergers and Acquisitions

How to Cite

Baker, H. K. and Kiymaz, H. (2011) The Short-Term and Long-Term Performance of M&As, in The Art of Capital Restructuring: Creating Shareholder Value through Mergers and Acquisitions, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118258996.ch7

Author Information

  1. 1

    Assistant Professor of Finance, University of Ontario Institute of Technology

  2. 2

    PhD Candidate, Queen's School of Business

Publication History

  1. Published Online: 29 NOV 2011
  2. Published Print: 23 MAY 2011

ISBN Information

Print ISBN: 9780470569511

Online ISBN: 9781118258996

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Keywords:

  • corporate governance;
  • merger announcement;
  • short-term abnormal returns;
  • external market force;
  • nonproductive acquisition

Summary

This chapter contains sections titled:

  • Introduction

  • Short-Term Performance of Target and Acquiring Firms

  • Long-Term Stock Return Performance of Acquiring Firms

  • Long-Term Operating Performance of Acquiring Firms

  • Summary and Conclusions

  • Discussion Questions

  • About the Authors