Jump to ContentJump to Main Navigation
The Handbook of Mergers and Acquisitions$
Users without a subscription are not able to see the full content.

David Faulkner, Satu Teerikangas, and Richard J. Joseph

Print publication date: 2012

Print ISBN-13: 9780199601462

Published to Oxford Scholarship Online: September 2012

DOI: 10.1093/acprof:oso/9780199601462.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 14 December 2018

Unbundling Acquisition Performance: How do they perform and how can this be measured?

Unbundling Acquisition Performance: How do they perform and how can this be measured?

Chapter:
(p.114) Chapter 5 Unbundling Acquisition Performance: How do they perform and how can this be measured?
Source:
The Handbook of Mergers and Acquisitions
Author(s):

Ioannis C. Thanos

Vassilis M. Papadakis

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199601462.003.0005

The aim of this chapter is to review and critique the literature on mergers and acquisitions (M&As) performance. To do so, the chapter conducts a thorough search in the top 13 US and European management journals and draws on recent reviews from related areas. Results suggest that management scholars have followed seven distinct approaches in measuring M&A performance, with short-term event window studies being the most widely used approach. Also, on average and irrespective of the approach used, studies have shown that acquisitions fail to deliver value for the acquiring firm. The chapter also discusses the strengths and limitations of each of these approaches to measuring M&A performance and concludes with a list of substantive future research priorities.

Keywords:   M&A performance, management journals, value, acquiring firms

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .