Prethodno priopćenje
THE INFLUENCE OF THE ACQUISITION EXPERIENCE ON THE SUCCESSFULNESS OF INTERNATIONAL MERGERS AND ACQUISITIONS IN PHARMACEUTICAL INDUSTRY 2003-2009
Vlatka Bilas
orcid.org/0000-0002-9021-6651
; Ekonomski fakultet Zagreb
Vedran Bači
orcid.org/0000-0002-0499-049X
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
Datum izdavanja:
17.12.2010.
Posjeta: 3.038 *