Synergy and Goodwill Controlling di Daniela Peters edito da Peter Lang
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Synergy and Goodwill Controlling

Empirical Evidence on Determinants and Acquisition Performance

Editore:

Peter Lang

EAN:

9783631782408

ISBN:

3631782403

Pagine:
332
Formato:
Hardback
Lingua:
Tedesco
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Descrizione Synergy and Goodwill Controlling

As most acquisitions destroy shareholder value, this study examines the effect of synergy and goodwill controlling on acquisition success. Based on a sample of German, Austrian, and Swiss acquirer companies, a descriptive analysis presents design options for the M&A organization and related controlling tasks. Empirical analyses identify various determinants of synergy and goodwill controlling and reveal that acquisitions positively impact financial success in the short term and accounting-based success in the medium term. The results also indicate that synergy and goodwill controlling influence internal and external measures of acquisition success in different ways. Thus, the findings do not only entail implications for acquirers but also for investors, standard setters, and academics.

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