An examination of the long run performance of UK acquiring firms

Article Abstract:

A study of UK business firms takeovers between 1984 and 1992 was conducted to show the average return of the acquiring companies. The models used to examine the performance of acquiring firms after a two-year post-acquisition period were the series of models of abnormal returns, simple cross-sectional model of returns and the 'Returns Across Time Series' model. Data showed that the returns of UK business firms after the said period were clearly and notably negative in the long run. Moreso, different acquiring firms involved in bidding show worse performance in their rate of returns.

Author: Gregory, Alan
Acquisitions Analysis-Financing, Acquisitions & Mergers Analysis, Management, Business enterprises, Financial analysis, Return on investment, Rate of return

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Ethical unit trust financial performance: small company effects and fund size effects

Article Abstract:

An examination of UK ethical unit trusts show that they have greater exposure to small firm risks than general unit trusts. Both indicate a tendency to underperform when exposed to small firms but ethical unit trusts are more negatively affected by small firm effects than non-ethical unit trusts. Despite the fact that ethical and general unit trusts are exposed to small firms effect, it cannot be concluded that fund size has a correlation with the performance of unit trusts.

Author: Gregory, Alan, Luther, Robert, Matatko, John
Commercial Banks, Commercial Banking, Social Responsibility-Banks, Banking industry, Corporate social responsibility, Socially responsible investments

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Discussion of acquisition-related provision-taking and post-acquisition performance in the UK prior to FRS7

Article Abstract:

Brown, Finn and Hope's paper on acquisition-related provision-taking prior to FRS7 in discussed.

Author: Gregory, Alan
Finance

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Research, Acquisitions and mergers
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.