Since mergers and acquisitions (M&A) has become more and
more popular in Vietnam’s economy after Doi
Moi, there is an emerge of academic research on this field. Nonetheless,
the question on how efficiency the deals run is still a gap when most of
literature focus on analysing some other aspects including the value and the
volumn of the transactions or the creativity and innovation value that the
deals bring to participants, etc. In this research, we collect available
information of deals that support us to assess the effieciency of post M&A
operations of firms in Vietnam between 2003 and 2018. Our results suggest that,
if the acquirer could hold more than 35 percent of common stock in target
company, the deal would be more successful than have a lower percentage of
shares. In addition, the posibility of positive efficiency of mergers type is
higher than that of acquisition and if the buyer is foreign company, the deal
has more opportunity to get possitive operating outcomes than a deal that buyer
is a domestic firm.
No comments:
Post a Comment