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Reasons For Mergers And Their Impact On Companies

Author

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  • Anca-Simona HROMEI

    (”Al. I. Cuza” University of Iaşi, Iași, Romania)

Abstract

Given the emphasis in recent years on reorganizing operations, as strategies for achieving the medium and long term objectives of the companies, this paper aims to enable a theoretical study on the subject of mergers between companies, by analyzing the recent literature regarding this subject, both national and international, focusing on mergers’ evolution in Romania, the reasons which determine their achievement as well as on outlining the state of knowledge regarding subsequent performance of the companies involved in these transactions.A need for further research on the topic of mergers’ performance has been identified, particularly on the medium and long term, as existing studies have not provided enough information in order to formulate a principle regarding the impact of mergers on a company’s performance.

Suggested Citation

  • Anca-Simona HROMEI, 2013. "Reasons For Mergers And Their Impact On Companies," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 1, pages 82-88, June.
    • Handle: RePEc:cmj:seapas:y:2013:i:1:hromeias
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    References listed on IDEAS

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    1. Olivier Bertrand & Habib Zitouna, 2008. "Domestic versus cross-border acquisitions: which impact on the target firms' performance?," Applied Economics, Taylor & Francis Journals, vol. 40(17), pages 2221-2238.
    2. Albert Banal‐Estañol & Jo Seldeslachts, 2011. "Merger Failures," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 20(2), pages 589-624, June.
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    7. Bogdan Cernat-Gruici & Laura-Gabriela Constantin & Irina-Eugenia Iamandi, 2010. "An Overview on the Romanian M&A Market during the Recent Financial Crisis," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 13(37), pages 167-178, September.
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    Cited by:

    1. Dragoș-George BÎLTEANU & Irina STANCU, 2024. "Evaluation of the event study in the case of mergers and acquisitions," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(638), S), pages 295-312, Spring.

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    More about this item

    Keywords

    Merger; Reasons for mergers; Financial performance; Impact on companies;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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