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- W56387610 abstract "An event study methodology was employed to investigate the wealth effects on Greek acquiring companies of merger and acquisition announcements. 38 cases were found of acquiring companies listed on the Athens Stock Exchange in which acquisitions subsequently occurred. For the population as a whole, results were in line with findings from studies in other countries, which show negative abnormal returns for acquiring companies. However, noticeable differences were found between sub-groups. While horizontal acquisitions revealed clear wealth-destructive effects for the acquiring company in the immediate post-announcement period, no such effects were observed in the case of vertical acquisitions. Conglomerate acquisitions produced ambivalent results." @default.
- W56387610 created "2016-06-24" @default.
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- W56387610 date "2011-12-22" @default.
- W56387610 modified "2023-09-26" @default.
- W56387610 title "The Wealth Effects of Takeover Announcement on Acquiring Firms: The Case of the Athens Stock Exchange" @default.
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