Impact of takeovers on profitability of target companies : Evidence from Croatian companies (CROSBI ID 198407)
Prilog u časopisu | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Višić, Josipa
engleski
Impact of takeovers on profitability of target companies : Evidence from Croatian companies
It is possible to find scientific confirmation of positive, negative or neutral influence of takeovers on company’s profitability. Therefore, this study aimed to highlight the sensitivity of research results on manipulation in terms of used methodology and indicators. Using t-test for paired samples and five selected profitability indicators for target and peer companies, it has been proven that it is possible to obtain significantly different results even when using the same sample and the same reference period. The research has been performed on the sample of Croatian companies, which were taken over in the period from year 2003–2008.
takeover; profitability; target companies
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Podaci o izdanju
46 (4)
2013.
455-461
objavljeno
0967-067X
10.1016/j.postcomstud.2013.11.001