Value Creation Within the Construction Industry : A Study of Strategic Takeovers Hardback
by Joachim Vogt
Part of the Corporate Finance and Governance series
Hardback
Description
Mergers & Acquisitions (M&A) are important strategic business options for corporations.
Yet, the understanding of industry-specific drivers of M&A transactions is more than limited.
Characterized by highly fragmented markets, cross-company production structures and increasing international business scope, the construction industry represents an attractive field of research to address questions on M&A motives.
Based on comprehensively selected datasets and state-of-the-art empirical methods, the study illustrates the motives, the strategy and the effects of M&A transaction within the construction industry.
Overall the analyzed M&A transactions tend to lead to an increase of corporate wealth.
Important factors for a positive development comprise the peculiarities of the construction industry, the general market conditions and the nature of many takeovers.
Still, the M&A transactions may also cause significant value destruction and may even lead to a failure of a company if an inappropriate strategy is applied.
Information
-
Out of Stock - We are unable to provide an estimated availability date for this product
- Format:Hardback
- Pages:114 pages
- Publisher:Peter Lang AG
- Publication Date:13/01/2011
- Category:
- ISBN:9783631602515
Information
-
Out of Stock - We are unable to provide an estimated availability date for this product
- Format:Hardback
- Pages:114 pages
- Publisher:Peter Lang AG
- Publication Date:13/01/2011
- Category:
- ISBN:9783631602515
