TAILIEUCHUNG - Impact of domestic acquisition on acquirer shareholders’ equity: An empirical study on the us market

This study investigated the short-term impact of domestic acquisitions on the acquirer shareholders’ equity in the US market. Average abnormal returns and cumulative average abnormal return were calculated to evaluate the acquirer’s return for a sample of 90 US domestic acquisitions based on US NASDAQ market during the period 2012-2014. The method of payment for the acquisitions, the size of the deal, and the industry relatedness were considered to assess the impact on the domestic acquirer shareholders’ equity. Event study methodology was applied to analyze the shareholders’ equity of US domestic acquirers in the short-term. The announcement date of the acquisition was considered as the event day and the impact of the acquirer return was observed for four event windows: pre-announcement, in - announcement, post-announcement, and the entire short term around the announcement. The results of the study revealed that domestic acquisition significantly increased the acquirer shareholders’ equity during the pre and inannouncement periods in the US market, but it brought the acquirer shareholders a negative return post acquisition announcement. The method of payment, deal size and industry relatedness had no significant impact on the acquirer shareholders’ equity. The paper must have abstract not exceeding 200 words. | Impact of domestic acquisition on acquirer shareholders’ equity: An empirical study on the us market

• Tài chính doanh nghiệp
• Domestic acquisitions
• Average abnormal return
• Cumulative abnormal return
• Shareholder’s equity
• Event study
• Document Selection Help Semi supervised Learning
• A Case Study On Event Extraction
• Ralph Grishman
• báo cáo khoa học
• báo cáo ngôn ngữ
• ngôn ngữ tự nhiên
• Monetary policy changes
• Market interest rates in greece
• An event study approach
• Central Bank operational procedure
• Monetary policy
• Market interest rates
• Federal funds rate
• Federal funds futures
• Foreign exchange markets
• Target federal funds rate changes
• Other Liabilities
• Segmentation
• multi disciplinary
• opportunities facing
• Financial Institutions
• interests complement
• Torsades de pointes
• QT prolongation
• Adverse drug events
• Antimicrobial stewardship
• Reporting Odds Ratios
• FDA Adverse Event Reporting System
• BMC Bioinformatics
• Genome wide association study
• Time to event
• Cox proportional hazards
• Survival analysis
• SNP covariate interaction
• BMC Psychology
• Mental health first aid
• Traumatic event
• Mental illness
• Mental health
• Delphi method
• Stock price
• Garch model
• Event window
• COVID 19 pandemic on stock prices
• Energy sector
• Direct oral anticoagulant
• Bleeding event
• Claims database
• Historical cohort study
• Non valvular atrial fibrillation
• Language acquisition
• Specific language impairment
• Developmental language disorder
• Sequential bilingualism
• Event related potentials
• Clinical EEG
• Stock return
• COVID 19 virus pneumonia’s economic
• Economic effect in different industries
• Spread of the virus
• BMC Cancer
• Acute lymphoblastic leukemia
• Reduced intensity multi centric clinical study
• Chemotherapy toxicity
• Event free survival
• trình bày báo cáo
• tài liệu báo cáo khoa học
• báo cáo y học
• kiến thức y học
• nghiên cứu y học
• báo cáo hóa học
• công trình nghiên cứu về hóa học
• tài liệu về hóa học
• cách trình bày báo cáo
• Eliminate additional
• one decision
• one purchase
• protected against
• automated
• event driven backups
• công trình nghiên cứu về y học
• tài liệu về y học
• Interferon in Endometriosis
• Stem Cell
• Novel Pathogenesis
• Angiogenic Factors
• Local Immune
• Mechanisms Involved
• faculty and graduating
• carefully revised
• Pathogenic microorganisms
• defense mechanisms
• research purposes
• research donor
• public health needs
• clearly inadequate
• government procurement
• Retroviral Host Cell
• TRIM5
• APOBEC3G and Cyclophilins
• Reliable
• automated recovery
• computer systems
• Dividend announcement
• Price reaction
• Hochiminh stock exchange
• Trimethoprim sulfamethoxazole
• Piperacillin tazobactam
• Rhabdomyolysis associations
• Heavy rainfall
• Pseudo global warming
• Ensemble simulation
• Weather Research and Forecast
• Dynamic downscaling
• Climate Model Intercomparison Project