Search Results - subject_exact:"Erwerb des Unternehmens"

The construction of financial value : crafting synergy estimates in acquisitions

Paugam, Luc; Wang, Yike; Stolowy, Hervé; Binder, Christof - 2026 - This version: January 29, 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015618161

Greening the deal : can mergers redirect innovation?

Newham, Melissa; Jaggi, David; Posth, Jan-Alexander - 2026

This paper examines how mergers and acquisitions (M&As) affect the direction of corporate innovation. Using data on U.S. M&A transactions from 1988-2015 matched with detailed patent data, we construct novel measures of changes in the technological orientation of acquirers based on patent text...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015654868

Concentration, consolidation, and foreign ownership in US agribusiness

Bolotova, Yuliya; Chandio, Rabail; Crespi, John M. - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015611648

Monetary policy and private equity acquisitions : tracing the links

Avalos, Fernando; Hofmann, Boris; Serena, José María - 2026 - This version: 19 January 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015613610

Make or buy decisions and data sharing

Dubus, Antoine; Legros, Patrick - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015614424

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Make or buy decisions and data sharing

Dubus, Antoine; Legros, Patrick - 2026

Book / Working Paper

Make or buy decisions and data sharing

Dubus, Antoine; Legros, Patrick - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015619086

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Make or buy decisions and data sharing

Dubus, Antoine; Legros, Patrick - 2026

Book / Working Paper

Merger and acquisition prediction based on deep learning with attention mechanism

Wan, Liangyong; Zheng, Yongjia; Xu, Xiaoying; Wang, Rui - 2026

This study proposes a novel attention-based deep neural network (AttDNN) model specifically designed for predicting mergers and acquisitions (M&A). The model extends existing deep learning frameworks by incorporating M&A-specific features, regularization layers, and an attention mechanism that...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015596393

Sources of productivity growth by firm size and causes of negative exit fffect

Fukao, Kyōji; Kim, Young Gak; Kwon, Hyeog Ug - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015590115

Sources of productivity growth by firm size and causes of the negative exit effect

Fukao, Kyōji; Kim, Young Gak; Kwon, Hyeog Ug - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015590975

Gaming the giants: how startups shape innovation to spark acquisition wars

Bedre-Defolie, Özlem; Biglaiser, Gary; Jullien, Bruno - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015637961

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Gaming the giants : how startups shape innovation to spark acquisition wars

Bedre-Defolie, Özlem; Biglaiser, Gary; Jullien, Bruno - 2026

Book / Working Paper

Conglomerate mergers in digital ecosystems : EU merger control beyond foreclosure

Zoboli, Laura - 2026

Over the past two decades, large technology firms have evolved into complex digital ecosystems operating across multiple, interconnected markets. This transformation has been driven not only by internal innovation, but also by extensive merger and acquisition activity, much of which has taken...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015639091

Mergers and investments in new products

D'Annunzio, Anna; Jullien, Bruno; Lefouili, Yassine; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016083448

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Mergers and investments in new products

D'Annunzio, Anna; Jullien, Bruno; Lefouili, Yassine; … - 2026

Book / Working Paper

Airline merger effects along the exposure distribution

Leyden, Benjamin T. - 2026

I evaluate the competitive effects of four major U.S. airline mergers (2008-2013) using a continuous difference-in-differences model. Standard merger retrospectives typically rely on binary treatment classifications that collapse important variation in competitive exposure. I construct three...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015641615

Performance persistence in private equity : skill, structure, and statistical artefacts

Ergüzel, Oylum Şehvez - 2026

This paper reviews the empirical literature on performance persistence in private equity (PE). It argues that observed persistence reflects three interacting forces: managerial skill, structural advantages, and measurement artefacts. It compares findings across return metrics, units of analysis,...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015641871

From ESG alignment to value : post-merger ESG dynamics and market valuation in global M&As

Kamiloğ, Selin; Genç, Elif Güneren - 2026

This study examines whether targets' environmental, social, and governance (ESG) performance is associated with acquirers' post-merger ESG outcomes and market valuation over the merger year and the subsequent two years. We treat controversies-adjusted ESG scores (ESGC) as outcome-based...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015643334

The process of cultural integration in post-merger organizations in related M&A : a case of merger and acquisition in Thailand

Chantima Chalieopiyasakul; Panita Surachaikulwattana; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015644927

The effects of startup acquisitions on innovation and economic growth

Fons-Rosen, Christian; Roldan-Blanco, Pau; Schmitz, Tom - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015655797

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The effects of startup acquisitions on innovation and economic growth

Fons-Rosen, Christian; Roldan-Blanco, Pau; Schmitz, Tom - 2022 - This version: December 9, 2022

Edition: This version: December 9, 2022

Book / Working Paper

The effects of startup acquisitions on innovation and economic growth

Fons-Rosen, Christian; Roldan-Blanco, Pau; Schmitz, Tom - 2022

Book / Working Paper

The effects of startup acquisitions on innovation and economic growth

Fons-Rosen, Christian; Roldan-Blanco, Pau; Schmitz, Tom - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015655797

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The effects of startup acquisitions on innovation and economic growth

Fons-Rosen, Christian; Roldan-Blanco, Pau; Schmitz, Tom - 2022

Book / Working Paper

The effects of startup acquisitions on innovation and economic growth

Fons-Rosen, Christian; Roldan-Blanco, Pau; Schmitz, Tom - 2022 - This version: December 9, 2022

Edition: This version: December 9, 2022

Book / Working Paper

The nexus between religiosity and socioemotional wealth in family firms' mergers and acquisitions decisions

Brunner-Kirchmair, Thomas M.; Dick, Markus; Wagner, Eva; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015656230

Buyouts with payouts : the impacts of private equity on workers and owners

Isen, Adam; Richmond, Jordan; Smith, Matthew; Yannelis, … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015652667

The impact of communications and emotions on merger and acquisition success : does anyone care how you feel about your deal?

Angwin, Duncan; Meadows, Maureen; Luo, Yun; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015652785

One concept to bind them : an exploration of the search fund phenomenon

Bauer, Dustin; Reif, Tobias; Junge, Sebastian - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015652793

The impact of global sanctions on foreign direct investment : a staggered difference-in-differences approach

Jinji, Naoto; Kawaguchi, Shigenobu - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015633617

Efficiency in the hardware retail industry : a 22-year longitudinal analysis of chains operating in Canada

Takouda, Pawoumodom M.; Abdulkader, Mohamed M. S.; Dia, … - 2026

Efficiency refers to the performance level corresponding to using minimal inputs to achieve the maximum possible outputs. Despite its importance to the Canadian economy, such performance assessments has rarely been undertaken in the hardware retail industry in recent years. We present the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015633901

Entrepreneurial acquisitions and small-cap private equity overlaps : a resource-based view

Pöschl, Alexander; Freiling, Jörg - 2026

Objective: This study examines the competitive and collaborative dynamics between entrepreneurship through acquisition (ETA) and small- and micro-cap private equity (PE) in acquiring small and medium-sized enterprises (SMEs). Focusing on the DACH region (Germany, Austria, Switzerland), it...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015636943

Bidder opportunism, familiarity, and the M&A payment choice

Lohmeier, Nils; Schneider, Christoph - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015559060

Mergers and R&D investment : a unified approach

Moraga-González, José Luis; Motchenkova, Evgenia - 2026

We investigate the impact of mergers on R&D incentives within a framework of R&D competition where effort can influence both the probability of innovation and the payoff conditional on success. Our framework nests the results of two classes of existing models and reveals assumptions that are...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015559503

LBO debt package structuring : from classic syndicated structures to the age of private credit

Zeisberger, Claudia; Kupryte, Ugne; Al Yakub, Muhammed; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015667012

Do spin-offs signal an effective restructuring strategy to shareholders? : A global study on the short- and long-term performance of parent companies

Batrancea, Larissa M.; Nichita, Anca; Ikeda, Wilson Eduardo - 2026

This large-scale study explores the use of spin-offs as a strategy for corporate restructuring and the determinants of short- and long-term performance of parent companies after the announcement of a spin-off. We analyze data on hundreds of companies in 47 countries, comprising 921 parent...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015668538

Credit supply in the wake of distressed bank acquisitions

Banerjee, Ryan; González Rodríguez, Francisco; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015670186

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Credit supply in the wake of distressed bank acquisitions

Banerjee, Ryan; González Rodríguez, Francisco; … - 2026

Book / Working Paper

Monetary policy and private equity acquisitions : tracing the links

Ávalos, Fernando; Hofmann, Boris; Serena, Jose M. - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015669741

To combine or not? : consolidating horizontal acquisitions in multisided market

Pal, Pallavi - 2026

When a parent company acquires a horizontal competitor on the same side of a multi-sided market, it must decide whether to fully integrate the acquired platform or keep it as a separate brand. We study this in the context of Uber's acquisition of Postmates, using novel consumer receipt data that...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015665323

Anchoring bias and cross- border acquisition premia

Barbopoulos, Leonidas G.; Danbolt, Jo - 2026 - This version: June 18, 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015675310

Acquisition prospects for new ventures born during COVID-19

Soleimani, Leila; Stauffer, Ryan - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015670558

Investigating the role of informal investors and investor communication in entrepreneurship-through-acquisition : a study in the context of de novo entrepreneurship

Pöschl, Alexander; Mai-Duda, Isabella - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015670565

Cost stickiness and merger performance : a managerial characteristics perspective

Tan, Qing; Zhang, Yingzhi; Su, Wunhong - 2026

Drawing on a sample of merger and acquisition events involving non-financial A-share listed companies in Shanghai and Shenzhen from 2009 to 2023, this study explores the impact of cost stickiness on merger performance through the lens of managerial characteristics. The findings reveal a...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015671711

Media sentiment and cross-border mergers and acquisitions

Liu, Yao; Gnahe, Franck Edouard; Mu, Yifei - 2026

This study explores how bilateral media sentiment between China and host countries affects cross-border mergers and acquisitions (M&As). Drawing on data from Global Database of Events, Language, and Tone (GDELT) covering the period 2006-2022, we empirically examine how media sentiment influences...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015671744

General Data Protection Regulation (GDPR) and cross-border M&A by Chinese E-commerce firms

Sun, Aining; Wadud, I. K. M. Mokhtarul - 2026

The General Data Protection Regulation (GDPR), adopted by the European Union in 2018, aims to enhance consumer trust and market efficiency by strengthening data protection. The concurrent stringent compliance requirements raise operational costs and could reshape competition by favoring larger...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016059575

Upstream market power and failing firm acquisitions

Hashimoto, Ryuichi; Mizuno, Tomomichi - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016061124

Ex-post evaluation of Edeka's acquisition of Kaiser's Tengelmann

Haucap, Justus; Delfs, Tobias; Fritz, Daniel; … - 2026

This paper provides an ex-post evaluation of Edeka's acquisition of Kaiser's Tengelmann, one of the most prominent merger cases in German grocery retailing. The transaction is particularly relevant from a competition-policy perspective because it was initially prohibited by the German Federal...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015675225

Mergers and acquisitions : analyzing global FinTech and RegTech trends over the period 2008-2025

Seitanidis, Panagiotis; Aggelopoulos, Eleftherios; … - 2026

This paper examines the factors associated with valuation patterns in FinTech and RegTech mergers and acquisitions (M&A) using a global sample of 3739 completed transactions sourced from S&P Global Market Intelligence from 2008 to 2025. We develop and empirically validate an integrated...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016064291

Shocks to CEO overconfidence and the deflation of hubris in acquisitions

Babajide Wintoki, M.; Xi, Yaoyi - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016070987

Run-up to a merger : pre-consolidation pricing by merging airlines and their rivals

He, Qingxin; Rupp, Nicholas G. - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016069511

Defensive vertical merger waves

Piccolo, Salvatore; Padilla, Jorge; Shekhar, Shiva - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016081764

Employee resilience in the post-merger integration phase : unveiling the role of employee cognitive uncertainty

Blajer-Gołębiewska, Anna; Kozłowski, Arkadiusz; … - 2026

Objective: The article aims to empirically examine how employee resilience (ER) during post-merger integration (PMI) develops through two complementary behavioural mechanisms: the reduction of cognitive uncertainty (CU) driven by visionary leadership (VL) and communication effectiveness (CE),...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016086789

Informative certification : screening vs. acquisition

Celic, Gorkem; Strausz, Roland - 2026

This paper studies monopolistic certification in markets where sellers possess partial private information about product quality. A certifier can provide information through two channels: screening sellers' private information (soft information) and acquiring new quality data (hard information)....

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015671868

Do ETFs undermine takeover success? : evidence from German takeover offer outcomes

Osei, Kwabena Brefo; Schwetzler, Bernhard - 2026

Passive exchange-traded funds (ETFs) mechanically replicate the indices they track and therefore lack discretion in responding to takeover offers. Unlike other shareholders, they cannot weigh the benefits and risks of the offer; their ability to tender shares depends entirely on index providers'...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016069898

Private equity diversity and talent : do they matter for acquisitive growth?

Jelic, Ranko; Yu, Xinyu; Zhou, Dan - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016088728

Rethinking the control threshold in German takeover law

Gebhard, Bero - 2026

The mandatory bid regime under the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz - WpÜG) rests on an empirical premise that no longer corresponds to contemporary shareholder participation patterns in German listed companies. § 29(2) WpÜG defines...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016073272

From narratives to valuation : strategic scenarios as option games

Smit, Han T. J.; Moraitis, Thras - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016090542