An empirical model of measuring economic effects of mergers

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F13%3A00073409" target="_blank" >RIV/00216224:14560/13:00073409 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

An empirical model of measuring economic effects of mergers

Original language description

Out of the many possible methods suitable for measuring efficiency, we selected a financial analysis based on ratio indicators. The method uses empirical data extracted from the Trade Register for the period 2001?2011. The structure of the data allows usto analyse economic effects of mergers and indicate possible causes of their (in)efficiency. We chose variables earnings after tax and equity out of the possible economic characteristics of merger efficiency. Statistical testing of hypotheses did not confirm a positive effect of mergers on the development of either of the variables. To ascertain the real economic contribution of the mergers for owners, we chose the indicator return on equity and monitored its change before and after a merger. The created model enables to select any sets of parallel indicators suitable for a complex analysis of economic effects of mergers.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AE - Management, administration and clerical work

OECD FORD branch

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Project

<a href="/en/project/GAP403%2F11%2F0447" target="_blank" >GAP403/11/0447: Analysis of tax and accounting procedures in mergers</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year

2013

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Wulfenia Journal

ISSN

1561-882X

e-ISSN

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Volume of the periodical

roč. 20

Issue of the periodical within the volume

6

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

9

Pages from-to

271-279

UT code for WoS article

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EID of the result in the Scopus database

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