Doris E. M. Bulenda; Martina Sprengler; Lars Hannig; Petra Gugel; Holger Vos; Sabrina Nickel; Miriam Rieger; Flor Geiger Schwarzer Drachen Verlag (2017) Saatavuus: Hankintapalvelu Pehmeäkantinen kirja
Florent Thouvenin; Alexander Peukert; Thomas Jaeger; Christophe Geiger Springer-Verlag Berlin and Heidelberg GmbH & Co. KG (2024) Saatavuus: Tilaustuote Kovakantinen kirja
Gabler Verlag Sivumäärä: 130 sivua Asu: Pehmeäkantinen kirja Painos: 2010 Julkaisuvuosi: 2010, 28.09.2010 (lisätietoa) Kieli: Englanti
Which motives initiate managers to merge or to acquire other corporations? While there is a long-lasting history of empirical research on M&A in a cross-industry context, our knowledge about industry specific drivers of M&A is more than limited. Given this background, the machinery industry is an attractive segment to address questions on M&A motives – as it is on the one hand a very fragmented industry and on the other hand a bundle of in some parts highly consolidated sub-industries. In his thesis, Mr. Geiger makes an effort to answer the question why firms in the machinery industry follow M&A strategies and how successful they are in their transactions. This is not only a remarkable endeavour because Mr. Geiger uses some hand selected unique datasets, but in particular, because he presents state-of-the-art analyses which are competitive and meet highest international standards. The thesis on hand carefully identifies and addresses open research questions related to M&A strategies ina very specific industry. Its primary objective was to identify M&A motives for different types of companies in various sub-segments of the machinery industry by analyzing stock price and accounting data. Thusly objectifying managerial action allows deriving recommendations for financing practice.