The M&A Sucess Factors: beyond the financial monomania

Informace o vysokoškolské kvalifikační práci

Název práce:
The M&A Sucess Factors: beyond the financial monomania
Autor práce:
Vacha, Robert
Typ práce:
Diplomová práce / info:eu-repo/semantics/masterThesis
Vedoucí práce:
Poborský, František
Osoba oponující práci:
Jazyk práce:
Mergers and acquisitions have been experiencing increasing importance in the global business world over the course of past decades. Research has shown that majority of M&A endeavors fail to fulfil the expectations and to create value. This thesis aims to bring more clarity into determinants of successful M&A. Building on the existing research as well as its own survey of M&A advisors across Europe, it asks:„What are the factors influencing the outcome/success of M&A? “In this context, success is defined as “Fulfilment of primary motives and/or overall satisfaction with the outcome of M&A”. Analysis of the responses based on the direction of influence and the level of consensus established on individual factors has identified areas of focus that could lead to increased performance of M&As. The results indicate that forward-looking approach with focus on envisioning the keen post-acquisition entity backed by due investigation of the target are to have positive impact on the outcome of M&As. Further positive influence was found in the alignment of managers’ and shareholders’ interests, either through long-term oriented KPIs or holding of a common stock. Further research is needed to identify other factors that influence performance of M&As and establish link between the primary motives of companies undergoing M&A and their results.
Klíčová slova:
KPIs; Due dilligence ; Consolidation ; Behavioral finance ; M&A; Governance

Informace o studiu

Studijní program a Studijní obor:
Finance and Accounting
Typ studijního programu:
Magisterský navazující studijní program
Jméno přidělované hodnosti:
Instituce přidělující hodnost:
University of Economics, Prague
Název fakulty:
Faculty of Finance and Accounting
Název katedry:
Department of Corporate Finance
Instituce archivující a zpřístupňující VŠKP:
University of Economics, Prague

Informace o odevzdání a obhajobě

Datum zadání práce:
25. 11. 2018
Datum podání práce:
2. 9. 2019
Datum obhajoby:

Soubory ke stažení

Hlavní práce:
67847_xvacr13.pdf [2,55 MB]
Veřejná příloha:
19252_xvacr13.pdf [1,26 MB]
Veřejná příloha:
19270_xvacr13.pdf [919,05 kB]
Hodnocení vedoucího:
67847_xpobf01.pdf [141,12 kB]

Údaje ze systému InSIS