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THE INFLUENCE OF THE ACQUISITION EXPERIENCE ON THE SUCCESSFULNESS OF INTERNATIONAL MERGERS AND ACQUISITIONS IN PHARMACEUTICAL INDUSTRY 2003-2009

Vlatka Bilas orcid id orcid.org/0000-0002-9021-6651 ; Ekonomski fakultet Zagreb
Vedran Bači orcid id orcid.org/0000-0002-0499-049X


Puni tekst: hrvatski pdf 728 Kb

str. 187-209

preuzimanja: 1.503

citiraj


Sažetak

This paper analyses the influence of the acquisition experience on the successfulness of international mergers and acquisitions in pharmaceutical industry. The main hypothesis is that inexperience in mergers and acquisitions additionally increases the risk in the process of mergers and acquisitions; therefore, the inexperienced companies have lower returns for the shareholders. The research was conducted on the sample of 263 pharmaceutical companies for the period January 1, 2003 to December 31, .2009.

Ključne riječi

acquisition experience; mergers and acquisitions; pharmaceutical industry

Hrčak ID:

62312

URI

https://hrcak.srce.hr/62312

Datum izdavanja:

17.12.2010.

Podaci na drugim jezicima: hrvatski

Posjeta: 2.552 *