Ownership structure, types of M&A and long-term performance

Mohd Hasimi Yaacob, and Norazlan Alias, (2018) Ownership structure, types of M&A and long-term performance. Jurnal Pengurusan, 52 . pp. 235-244. ISSN 0127-2713


Official URL: https://ejournal.ukm.my/pengurusan/issue/view/1093


This study investigates the influence of ownership structure on long-term post-merger operating performance of acquirers. The findings reveal evidence of merger and acquisitions mitigating the long-term negative performance of acquirers. Board ownership variables have a positive and significant influence on the operating performance measures. Moreover, evidence supports the negative relationship at high substantial shareholder ownership levels. However, no evidence is found on the interaction effects between ownership structure variables and long-term post-merger performance of acquirer firms.

Item Type:Article
Keywords:Merger and acquisitions; Long-term performance; Event studies
Journal:Jurnal Pengurusan
ID Code:20183
Deposited By: ms aida -
Deposited On:17 Oct 2022 01:28
Last Modified:21 Oct 2022 03:56

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