scholarly journals A Comparative Abnormal Return Analysis of Mergers and Acquisitions in the Emerging Markets

2018 ◽  
Author(s):  
İrem Sevindik ◽  
Fazıl Gökgöz
Keyword(s):  
Mergers And Acquisitions ◽  
Emerging Markets ◽  
Abnormal Return

scholarly journals Bank mergers and acquisitions in emerging markets: evidence from the Middle East & North Africa region

2019 ◽  
Vol 1 (1) ◽  
pp. 1-2
Author(s):  
Sameer Mohammed Sindi ◽  
A.N. Bany Ariffin ◽  
Nazrul Hisyam ◽  
Fakarudin Kamarudin
Keyword(s):  
Middle East ◽  
Mergers And Acquisitions ◽  
Emerging Markets ◽  
North Africa ◽  
Abnormal Return ◽  
Bank Mergers ◽  
Short Term ◽  
Mena Region ◽  
Short Term Effects

This study examined the short-term effects of bank mergers and acquisitions on acquirer banks in the Middle East & North Africa region (MENA). The results indicate that mergers and acquisitions have not caused significant positive or negative abnormal return in the short-term to acquirer banks in the MENA region.

scholarly journals ANALYZING ABNORMAL RETURN BEFORE AND AFTER THE ANNOUNCEMENT OF MERGER AND ACQUISITION IN 2018

2018 ◽  
Vol 1 (2) ◽  
pp. 14-22
Author(s):  
Sonny Haryanto ◽  
Umi Mardiyati ◽  
Agung Dharmawan Buchdadi
Keyword(s):  
Mergers And Acquisitions ◽  
Stock Price ◽  
Abnormal Return ◽  
Abnormal Returns ◽  
T Test ◽  
Testing Hypotheses ◽  
Paired Sample ◽  
Minute Period ◽  
Before And After ◽  
Observation Period

This study aims to analyze the abnormal returns before and after the announcement of mergers and acquisitions in the companies listed on the IDX 2018. In this study the observation period taken was three days before and after the announcement of mergers and acquisitions with the number of samples observed were 9 companies. The method for calculating abnormal returns used is the market adjusted return by using an intraday stock price of 15 minutes. Based on testing hypotheses conducted by paired sample t-test, it was found that there were no significant differences in abnormal returns before and after the announcement of mergers and acquisitions in each 15 minute period.

scholarly journals ABNORMAL RETURN DAN LIKUIDITAS SAHAM ATAS PENGUMUMAN AKUISISI

2017 ◽  
Vol 20 (1) ◽  
pp. 151
Author(s):  
Suherman Suherman ◽  
Riznita Nuraisyah ◽  
Gatot N. Ahmad
Keyword(s):  
Mergers And Acquisitions ◽  
Abnormal Return ◽  
Trading Volume ◽  
Abnormal Returns ◽  
Merger And Acquisition ◽  
Stock Liquidity ◽  
Before And After ◽  
The Difference ◽  
Adjusted Model ◽  
Observation Period

Tujuan penelitian ini adalah untuk menganalisis perbedaan abnormal return dan likuiditas saham sebelum dan sesudah pengumuman akuisisi. Pengukuran abnormal return menggunakan market-adjusted model. Pengukuran likuiditas saham menggunakan volume perdagangan dan Amihud’s Illiquidity ratio. Periode pengamatan (event windows) penelitian ini selama 11 hari bursa, yaitu 5 hari bursa sebelum pengumuman akuisisi dan 5 hari bursa sesudah pengumuman akuisisi. Sampel penelitian ini adalah 70 perusahaan yang mengumumkan akuisisi antara 2010-2014. Hasil uji hipotesis menunjukkan bahwa 1)terjadi perbedaan abnormal return yang signifikan sebelum dan sesudah akuisisi, dan 2)tidak terdapat perbedaan likuiditas saham yang signifikan pada periode sebelum dan sesudah akuisisi.The purpose of this study is to analyze the difference of abnormal return and liquidity before and after the announcement of mergers and acquisitions. Abnormal returns are measured with market-adjusted model. Liquidity is measured with trading volume and Amihud Illiquidity ratio. The observation period (event windows) of this research is 11 trading days which 5 trading days before the announcement of the merger and acquisition and 5 trading days after the announcement mergers and acquisitions. Research sample consists of 70 companies which announce merger and acquisition between 2010 and 2014. The results show that 1)there is significant differences of abnormal returns before and after merger and acquisition, and 2)there is no significant differences of stock liquidity before and after merger and acquisition.

Bank mergers and acquisitions in emerging markets: evidence from the Middle East and the North Africa region

2021 ◽  
Vol 28 (1/2) ◽  
pp. 97
Author(s):  
Sameer Mohammed Sindi ◽  
A.N. Bany Ariffin ◽  
Nazrul Hisyam Ab Razak ◽  
Fakarudin Kamarudin
Keyword(s):  
Middle East ◽  
Mergers And Acquisitions ◽  
Emerging Markets ◽  
North Africa ◽  
Bank Mergers ◽  
The North
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