Mergers & Acquisitions (M&A) are important strategic business options for corporations. Yet, the understanding of industry-specific drivers of M&A transactions is more than limited. Characterized by highly fragmented markets, cross-company production structures and increasing international business scope, the construction industry represents an attractive field of research to address questions on M&A motives. Based on comprehensively selected datasets and state-of-the-art empirical methods, the study illustrates the motives, the strategy and the effects of M&A transaction within the construction industry. Overall the analyzed M&A transactions tend to lead to an increase of corporate wealth. Important factors for a positive development comprise the peculiarities of the construction industry, the general market conditions and the nature of many takeovers. Still, the M&A transactions may also cause significant value destruction and may even lead to a failure of a company if an inappropriate strategy is applied.
Produkteigenschaften
- Artikelnummer: 9783631602515
- Medium: Buch
- ISBN: 978-3-631-60251-5
- Verlag: Peter Lang
- Erscheinungstermin: 13.01.2011
- Sprache(n): Englisch
- Auflage: 1. Auflage 2011
- Serie: Corporate Finance and Governance
- Produktform: Gebunden
- Gewicht: 298 g
- Seiten: 114
- Format (B x H x T): 153 x 216 x 11 mm
- Ausgabetyp: Kein, Unbekannt
Themen
- Wirtschaftswissenschaften
- Betriebswirtschaft
- Unternehmensorganisation, Corporate Responsibility
- Mergers & Acquisitions (M&A), Übernahmen & Buy-outs