• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Student
Title
Supervisor
Faculty
Educational Programme
Final Grade
Year of Graduation
Sergey Alyoshin
The Influence of Mergers and Acquisitions on Company Performance in the USA and Europe: Comparative Analysis
World Economy
(Bachelor’s programme)
2016
The effectiveness of corporate mergers and acquisitions has been the subject of the scientific community for many years. This paper explores the influence of M&A transactions on the financial performance of US and European companies. It contains a review of a sample of 138 M&A transactions made within the two mentioned regions during the period from 2006 to 2008. The results of regression models and additional tests indicate a significant deterioration of the observed measures after the deal. The model did not reveal the impact of M&A transactions on the change of financial performance of selected companies. However the research revealed the influence of crisis on performance of US companies. This study also allowed to compare different methods of payment in terms of their influence on financial performance.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses