Search Results - subject_exact:"Takeover"

The role of financial investors in successful family-firm takeovers : a configurational approach

Kammerlander, Nadine; Kurta, Elias; Heider, Anne Katarina - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015455179

Determinants of M&A acquisition premiums on the European market in the period of 2009 to 2022

Brixius, Marc; Perret, Jens K.; Schröder, Jörg; … - 2025

This study analyzes the development and determinants of control premiums in mergers and acquisitions in the European market from 2009 to 2022 (i.e., stock volatility, liquidity via money supply, sectoral growth, transaction volume, market capitalization, free cash flows, presence of a toehold,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015585229

Caught off guard by opportunity : disentangling the family-business nexus in the process of selling family business

Králová, Věra; Král, Pavel; Klattová, Lucie - 2025

Family business literature is oriented toward intra-family succession as the preferred way to transfer businesses. However, when it comes to family business sales, neither the family business nor the acquisition literature provides sufficient knowledge about the sales process. This study aims to...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015475575

A theory of digital ecosystems

Heidhues, Paul; Köster, Mats; Kőszegi, Botond - 2024

We develop a model of digital ecosystems based on the assumption that a multimarket firm can use a sale in or data from one market to steer users toward its products in other markets. Due to this "cross-market leverage," a market leader at an "access point" (where users begin their online...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014635326

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A theory of digital ecosystems

Heidhues, Paul; Köster, Mats; Kőszegi, Botond - 2024

Book / Working Paper

A theory of digital ecosystems

Heidhues, Paul; Köster, Mats; Kőszegi, Botond - 2024

Book / Working Paper

Gründungen und Schließungen im Handwerk

Rink, Anke; Seiwert, Ines - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015633482

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://www.econbiz.de, 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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015654868

Concentration, consolidation, and foreign ownership in US agribusiness

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

Persistent link: https://www.econbiz.de, 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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015613610

Make or buy decisions and data sharing

Dubus, Antoine; Legros, Patrick - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015614424

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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://www.econbiz.de, 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://www.econbiz.de, 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://www.econbiz.de, 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://www.econbiz.de, 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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015639091

Mergers and investments in new products

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

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015640937

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://www.econbiz.de, 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://www.econbiz.de, 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://www.econbiz.de, 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://www.econbiz.de, 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://www.econbiz.de, 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 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://www.econbiz.de, 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://www.econbiz.de, 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://www.econbiz.de, 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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652793

Gründungen und Schließungen im Handwerk

Rink, Anke; Seiwert, Ines - 2026

Die Unternehmensdemografie betrachtet das Gründungs- und Schließungsgeschehen von Unternehmen sowie deren Bestand am Markt. Diese Informationen wurden um die Handwerkseigenschaft erweitert und für diese Gruppe von Unternehmen ausgewertet. Neben den Ergebnissen zu Gründungen und Schließungen...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015632972

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

Jinji, Naoto; Kawaguchi, Shigenobu - 2026

Persistent link: https://www.econbiz.de, 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://www.econbiz.de, 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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015636943

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

Lohmeier, Nils; Schneider, Christoph - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015559060

Mergers and R&D investment : a unified approach

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

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015585342

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Mergers and R&D investment : a unified approach

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

Book / Working Paper

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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015667012

Yritysjärjestelyjen rooli luovassa tuhossa

Kuosmanen, Natalia; Kuosmanen, Timo; Maczulskij, Terhi - 2026

A substantial share of firm entries and exits observed in administrative data occur through mergers, acquisitions, and other forms of corporate restructuring rather than genuine market entry or exit. This report examines the association of labor productivity and corporate restructuring. We...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015667328

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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015668538

Credit supply in the wake of distressed bank acquisitions

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

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015668398

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Credit supply in the wake of distressed bank acquisitions

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

Book / Working Paper

Acquisition prospects for new ventures born during COVID-19

Soleimani, Leila - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015670558

Monetary policy and private equity acquisitions : tracing the links

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

Persistent link: https://www.econbiz.de, 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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015665323

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

Pöschl, Alexander - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015670565

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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015671868

Unicredit/Commerzbank : Anlass für Reformen im Übernahmerecht?

Gebhard, Bero; Tröger, Tobias - 2026

Dieser Beitrag soll die Komplexitäten im Zusammenhang mit der beabsichtigten Übernahme der Commerzbank durch die Unicredit reduzieren und einige der Debatten der letzten Wochen einordnen. Hierbei geht es insbesondere um drei Themen: Zunächst rekonstruieren wir die zentralen Schritte der...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015668987

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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015671744

Cost stickiness and merger performance : a managerial characteristics perspective

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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015671711

Non-executive directorship importance and takeover hostility : Australian evidence

Day, Chistopher; Bugeja, Martin; Spiropoulos, Helen; … - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014301591

Caught off guard by opportunity: Disentangling the family-business nexus in the process of selling family business

Králová, Věra; Král, Pavel; Klattová, Lucie - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015482428

M&As, innovation and superstar firms

Martinez Cillero, Maria; Napolitano, Lorenzo; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015564428

Killing competition - cartel expansion through acquisitions

Reis, Daniel; Lucinda, Cláudio Ribeiro - 2025

This paper examines how the Brazilian ready-mix concrete cartel expanded through mergers and acquisitions. Specifically, we investigate whether cartel firms strategically acquired non-aligned competitors to optimize market dominance, eliminate competition and sustain collusive behavior.Using...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015547584

Unveiling the influence of host-country religiosity on the completion of cross-border merger and acquisition deals

Zuo, Zhigang; Zheng, Wenquan; Wang, Chengqi; Su, Jiaoyue; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015440543

Do "say-on-pay" votes affect M&A decisions?

Dutta, Shantanu; Officer, Micah S.; Wang, Ruixiang; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015440802

Pre-merger performance and merger success : an experimental approach

You, Jung S.; Jeong, Minsoo; Oh, Joon-Hee; Johnston, … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015485891