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The Impact of Cross-Border M&As on Target Company Performance: Evidence from Turkey

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  • Elif Akben-Selçuk

    (Bogaziçi University)

Abstract

This study investigates the changes in the performance of Turkish companies which were the target of acquisitions by foreign companies. Pre-acquisition and post-acquisition accounting ratios are compared by parametric t-tests. The results show an insignificant decline in the ratios. We conclude that the cross-border M&As examined in this study did not synergy or improved the performance of target companies involved.

Suggested Citation

  • Elif Akben-Selçuk, 2008. "The Impact of Cross-Border M&As on Target Company Performance: Evidence from Turkey," Economics Bulletin, AccessEcon, vol. 13(5), pages 1-9.
    • Handle: RePEc:ebl:ecbull:eb-08m00001
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    References listed on IDEAS

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    Cited by:

    1. Anusha Chari, 2020. "The International Market for Corporate Control," NBER Working Papers 26843, National Bureau of Economic Research, Inc.

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    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General

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