Naslov
Efficiency Analysis of Acquisitions and Financial Performance of a Security Services Company

Autori
Kovačević, Marina ; Mlinarić, Doris ; Coner, Klaudia

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
7 th International Scientific Symposium ''Economy of eastern Croatia – vision and growth'' / Mašek Tonković, Anka ; Crnković, Boris - Osijek : Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku, 2018, 1044-1052

Skup
7. međunarodni znanstveni simpozij: Gospodarstvo istočne Hrvatske – vizija i razvoj = 7th International Scientific Symposium: Economy of Eastern Croatia – Vision and Growth

Mjesto i datum
Osijek, Hrvatska, 24.05.2018. - 26.05.2018

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Acquisition, Business combinations, Security services, Financial and business performance, Eastern Croatia

Sažetak
Expanding a company by means of external growth and different business relations represents a necessity of modern business and market survival. There are many forms of business combinations and relations whose implementation requires further analysis and various approaches in scientific and professional papers. Different forms of acquisitions, as one of particularly important business combinations, contribute to better business and financial performance of companies, and take place in all areas of activities, as well as security services. Having in mind the aforementioned reasons, the aim of this paper is to analyse, not only acquisitions, but also financial performance of a newly founded security services company, based on an example of the acquisition of several Croatian security services companies by Securitas AB Sweden, the biggest security services group in the world. After the acquisition, the companies have been merged into a new firm called Securitas Hrvatska d.o.o. Among the analysed target companies that were the subject of this acquisition, was also Security Buzov Ltd. from Eastern Croatia, a business leader in security services in the region, as well as in Croatia. Various quantitative and qualitative methods were used. Both scientific and technical literature and financial reports were analysed. Data synthesis has emphasized the efficiency of the acquisition and analysed financial performance of the new company. By comparing statistical and financial reports, conclusions on the effects of acquisition and the performance of the new company were reached. The results show that the new company has improved its business performance, especially when it comes to profitability, liquidity, indebtedness and business efficiency. Since the main goal of the company is to retain a strong position in security services industry and to continue to provide services to its global clients, it is expected that the company will be resilient and financially successful.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

Napomena
Indeksiran u EBSCOhost i EconPapers

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