التفاصيل البيبلوغرافية
العنوان: |
Acquirers´ value creation in Green M&A Deals: a cross-sectional analysis of North America and Europe |
المؤلفون: |
Klemp, August |
المساهمون: |
Demirci, Irem, RUN |
سنة النشر: |
2020 |
مصطلحات موضوعية: |
Green, M&A, Value creation, Accounting-based performance measures, Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
الوصف: |
This thesis seeks to investigate acquirers’ post-acquisition performance when buying a "green"company, looking specifically at differences between North America and Europe. I conductcross-sectional OLS analyses on 423 deals in North America and Europe, between 2000 and2016, focusing on accounting-based performance measures. My results suggest acquirers arebetter off buying a green company in North America rather than Europe, despite having to payhigher transaction premiums for companies with lower average ESG scores across the pond.However, my findings fail to confirm previous research that acquiring green companies createsvalue for bidders in the first place. |
Contents Note: |
TID:202502198 |
وصف الملف: |
application/pdf |
اللغة: |
English |
الاتاحة: |
http://hdl.handle.net/10362/104153 |
Rights: |
open access |
رقم الانضمام: |
rcaap.com.unl.run.unl.pt.10362.104153 |
قاعدة البيانات: |
RCAAP |