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Estimate of the Effectiveness of Mergers and Acquisitions in the Global Automotive Sector

Student: Zakharova Ol`ga

Supervisor: Andrey I. Stolyarov

Faculty: Faculty of Economic Sciences

Educational Programme: Bachelor

Year of Graduation: 2014

<p>This investigation discourses upon mergers and acquisitions (M&amp;A) in the automotive industry and the measurement of M&amp;A success. Globalization and European construction, the harmonization of fiscal, legal and social regulations contribute to the growing popularity of M&amp;A. In order to adjust to the increasingly globalized automobile market a great number of companies apply M&amp;A strategies to geographic expansion, as well as expansion of assortment of their production. The investigation is based on a sample of 20 companies that have concluded sixteen the most significant M&amp;A deals in the automobile industry. The findings indicate that stock markets are reacting instantly in 70% of cases and this reaction is negative for acquirers. The results also reveal that statistically significant dynamics of quotations last no more than one day of the trading.</p><p style="text-align: justify;">8-915-379-79-75</p><p style="text-align: justify;"><a href="mailto:olya_z92@mail.ru">olya_z92@mail.ru</a></p>

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