<abstract xml:lang="en" xmlns="http://www.w3.org/1999/xhtml"><p>The paper presents the essence of the methodology of event study used in developed markets to evaluate post-acquisition performance based on the market data. In particular, the paper discusses the issues of abnormal returns and expected return models, presenting also selected examples of post-acquisition performance in developed markets. At the end, the author has addressed the issue of contemporary tendencies in the event study methodology.</p></abstract>

The paper presents the essence of the methodology of event study used in developed markets to evaluate post-acquisition performance based on the market data. In particular, the paper discusses the issues of abnormal returns and expected return models, presenting also selected examples of post-acquisition performance in developed markets. At the end, the author has addressed the issue of contemporary tendencies in the event study methodology.

Event Study in the Evaluation of Effects of Mergers and Acquisitions

Financial Management Department Faculty of Economics and Management, University of Szczecin, Mickiewicza 64, 71-101 Szczecin

Folia Oeconomica Stetinensia

{"article-title":"Event Study in the Evaluation of Effects of Mergers and Acquisitions"}

The paper presents the essence of the methodology of event study used in developed markets to evaluate post-acquisition performance based on the market data....

Event Study in the Evaluation of Effects of Mergers and Acquisitions

Pubblicato online: 12 mar 2008

Pagine: 107 - 122

DOI: https://doi.org/10.2478/v10031-007-0007-2

Parole chiave
event study, abnormal returns, mergers and acquisitions

This content is open access.

Event Study in the Evaluation of Effects of Mergers and Acquisitions

Pubblicato online: 12 mar 2008

Pagine: 107 - 122

DOI: https://doi.org/10.2478/v10031-007-0007-2

Parole chiaveevent study, abnormal returns, mergers and acquisitions

This content is open access.

Parole chiave
event study, abnormal returns, mergers and acquisitions