The economic impact of mergers and acquisitions in Greece: lessons from a comparative analysis regarding western economies

2011 ◽  
Vol 2 (3) ◽  
pp. 262 ◽  
Author(s):  
Ioannis A. Tampakoudis ◽  
Demetres N. Subeniotis ◽  
Iordanis M. Eleftheriadis
Keyword(s):  
Comparative Analysis ◽  
Mergers And Acquisitions ◽  
Economic Impact

Research of methods of protecting organizations from inimical mergers and acquisitions

2020 ◽  
pp. 29-45
Author(s):  
O.A. Naydis ◽  
I.O. Naydis
Keyword(s):  
Comparative Analysis ◽  
Mergers And Acquisitions ◽  
Positive Effects ◽  
Advantages And Disadvantages ◽  
Preventive Methods

The article considers the types, forms, mechanisms and classification of mergers and acquisitions, identifies their positive effects, and studies the tactics of acquisitions. The analysis of anti-capture measures: active and preventive methods of protection against hostile mergers and acquisitions. A comparative analysis of anti-capture measures with acquisitions tactics was carried out, the advantages and disadvantages of their application were identified.

scholarly journals A Comparative Analysis Between LSTM and LSTM Ensembled Strategy for Short-term Load Forecasting

2021 ◽  
Author(s):  
Fathun Fattah ◽  
Pritom Mojumder ◽  
Azmol Ahmed Fuad ◽  
Mohiuddin Ahmad ◽  
Eklas hossain
Keyword(s):  
Comparative Analysis ◽  
Economic Impact ◽  
Ensemble Learning ◽  
Load Forecasting ◽  
Short Term ◽  
Short Term Load Forecasting ◽  
Utility Companies

This work entails producing load forecasting through lstm and lstm ensembled networks and put up a comparative picture between the two. Our work establishes that lstm ensemble learning can produce a better prediction compared to single lstm networks. We tried to quantify the improvement and assess the economic impact that it can have on the utility companies.

scholarly journals Controlling CO2 emissions for each area in a region: the case of Japan

2019 ◽  
Vol 14 (1) ◽  
Author(s):  
Tetsuya Tamaki ◽  
Wataru Nozawa ◽  
Shunsuke Managi
Keyword(s):  
Global Warming ◽  
Comparative Analysis ◽  
Economic Impact ◽  
Co2 Emissions ◽  
Integrated Assessment ◽  
The Other ◽  
Output Gap ◽  
Emission Target ◽  
Emission Quota ◽  
Capital Transfer

Abstract Background Global warming is the most serious problem we face today. Each country is expected to ensure international cooperation toward minimizing risk. To evaluate the countermeasures, many researchers have developed integrated assessment models (IAMs). Then, how can each country achieve its emission quota? This study proposes models that analyze the economic impact of global warming in a region based on the results obtained by the global model. By using these suggested models, we perform a comparative analysis on three policy cases: a different regulations case, a unified regulation case, and an output redistribution case. Results We analyzed Japan as one of the case studies and found that more developed areas should implement stricter regulations in all scenarios. In addition, the case of applying different regulations by area (in a region) is not always preferable to using unified regulations in the region. Alternatively, the output gap between the output redistribution case and the different regulations case is much higher than the gap between the unified regulation case and the different regulations case. In all scenarios, the present values of the output of the output redistribution case are also higher than the other cases. Conclusions The different regulations case and the unified regulation case are based on the model without capital transfer between areas, whereas the output redistribution case is based on the model with free capital transfer between areas. Although both models are extreme situations, the regions close to the without capital transfer situation possibly have an incentive to use the different regulations policy, depending on the emission target. The regions close to the situation with free capital transfer would probably prefer unified regulation.

Economic Impact of Hospital Closure on Small Rural Counties, 1984 to 1988: Demonstration of a Comparative Analysis Approach

1999 ◽  
Vol 15 (4) ◽  
pp. 375-390 ◽  
Author(s):  
Janice C. Probst ◽  
Michael E. Samuels ◽  
James R. Hussey ◽  
David E. Berry ◽  
Thomas C. Ricketts
Keyword(s):  
Comparative Analysis ◽  
Economic Impact ◽  
Analysis Approach ◽  
Rural Counties ◽  
Hospital Closure

scholarly journals Humidity and comparative analysis of durability index in pellet of balanced foods for birds

2019 ◽  
pp. 18-23
Author(s):  
Irma Vallejo-Sartorius ◽  
Leticia Rendon-Sandoval ◽  
Esteban Gutierrez-Peña
Keyword(s):  
Comparative Analysis ◽  
Economic Impact ◽  
Processing Plant ◽  
Statistical Control ◽  
Feed Processing ◽  
Healthy Development ◽  
Durability Index

The research was carried out to improve the humidity parameters and durability index in the balanced feed for poultry in flour and pellet, to guarantee the quality and avoid contamination in the mycotoxin finished product. Samples of flours and pellets were used for four months to evaluate and standardize the pelletization process, to produce balanced food, which is intended for bird consumption in each of the breeding, posture and fattening phases, guaranteeing them a healthy development. In this investigation, we worked with two pelletizing machines of model 700 and model 702 to keep a statistical control of humidity and durability index (IDP), to avoid product losses in the pelletizing process. The contribution of the present investigation was to reduce the economic impact of the feed processing plant since reprocesses were significantly reduced.

The effect of corporate governance mechanisms on European Mergers and Acquisitions

2018 ◽  
Vol 18 (5) ◽  
pp. 965-986 ◽  
Author(s):  
Ioannis Tampakoudis ◽  
Michail Nerantzidis ◽  
Demetres Soubeniotis ◽  
Apostolos Soutsas
Keyword(s):  
Corporate Governance ◽  
Mergers And Acquisitions ◽  
Economic Impact ◽  
Abnormal Returns ◽  
Voting Rights ◽  
Shareholder Wealth ◽  
Wealth Effects ◽  
Board Size ◽  
Content Type ◽  
Acquiring Firms

Purpose The purpose of this study is twofold: First, to assess the economic impact of Mergers and Acquisitions (M&As) on European acquiring firms from the beginning of the sixth merger wave onward. And second, to investigate the effect of CG mechanisms such as board size, voting rights and anti-takeover provisions (ATPs) on acquirers’ gains, along with a set of control variables. Design/methodology/approach For the purpose of the study, the authors use a sample of 349 completed M&As across all business sectors between European firms from 01/01/2003 to 31/12/2017. Abnormal returns are estimated by applying an event study methodology, and the effects of CG mechanisms are assessed with univariate and multivariate cross-sectional regressions. Findings The authors present evidence that acquirers realize significant positive excess returns upon the announcement of M&As. The authors find past profitability to be a strong indicator of value creation, while most of the traditional firm-specific and deal variables fail to interpret the results. The authors’ analysis indicates that the examined CG measures have a significant effect on acquirer’s gains. More specifically, the authors find that boards in excess of eight directors are negatively related to announcement-period abnormal returns. In contrast, the wealth effects for acquiring firms are positively related to shareholders’ voting rights and/or to the number of ATPs. The estimated coefficients of all three CG mechanisms are statistically significant across alternative model specifications. Research limitations/implications A clear implication is that the existence of certain CG mechanisms leads to value-enhancing strategic decisions for European acquirers. In terms of policy direction, the authors’ findings assist practitioners and/or national and transnational institutions in perceiving the efficacy of certain CG practices. Practical implications This study indicates that Corporate Governance Statements (CGSs) fail to provide adequate information to investors to understand in-depth the CG mechanisms that companies apply. Thus, the authors recommend that CGSs should provide not only narrative information but also information that may generate value for shareholders and other stakeholders as well. Such information should be qualitative and/or quantitative in nature and be made available to market participants to support their decision-making. Originality/value To the authors knowledge, this is the first study that investigates the effect of CG on the economic impact of M&As for European acquirers, using three widely examined CG mechanisms, namely, the board size, the voting rights and the ATPs. The authors’ empirical findings form the basis for further examination of the linkage between M&As and CG, with the intention of establishing the appropriate CG framework that will ensure shareholder wealth creation. This line of research could produce new insights in the field, allowing investors and policymakers to appreciate the benefits of effective CG.

scholarly journals Evaluating the effectiveness of mergers and acquisitions for agribusiness companies

2020 ◽  
Vol 203 ◽  
pp. 05016
Author(s):  
Igor Aleksandrov ◽  
Marina Fedorova ◽  
Aleksey Parshukov
Keyword(s):  
Mergers And Acquisitions ◽  
Economic Impact ◽  
Cash Flow ◽  
Intellectual Capital ◽  
Evaluation Methods ◽  
Industrial Complex ◽  
Discounted Cash Flow ◽  
Environmental Consequences ◽  
Industrial Companies

This research is aimed at improving the efficiency of evaluating mergers and acquisitions for companies in the agro-industrial complex. When evaluating these transactions, it is necessary to take into account their impact on the environment. The paper analyzes the problems associated with the evaluation of these transactions and identifies ways to improve the evaluation methods. The authors ' approach to evaluating acquisitions based on the assessment of changes in the company's potential is intended to improve the accuracy of the assessment and reduce the risks of revaluation of discounted cash flow from acquisitions. Assessment of potential changes as a result of the implementation of integration projects will allow assessing the economic impact of takeover options, taking into account the environmental consequences for the territory. The proposed approach is aimed at more accurate accounting for changes in intellectual capital of the combined company as a result of integration. Rationalization of the evaluation of the effectiveness of acquisitions will allow owners and management of agro-industrial companies to reduce the risks of making ineffective decisions.

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