Cyclicity in Mergers and Acquisitions. Efficiency of M&A in Financial Sector

Student: Piliugin Grigorii

Educational Programme: Financial Markets and Financial Institutions (Master)

Year of Graduation: 2016

The following paper concerns M&A efficiency valuation depending on the stage of the mergers cycle. The relevance of research is underpinned by the lack of similar investigations and many controversial conclusions. As a result of the paper, several unexpected effects were found that don’t coincide with current paradigm of M&A efficiency depending on the stage of the mergers cycle. A brand new method for M&A was proposed as well.

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