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Review of Quantitative Finance and Accounting

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28.12.2017 | Original Research

Value creation through external growth strategy: the architecture of successful performance

verfasst von: Veronika Vinogradova

Erschienen in: Review of Quantitative Finance and Accounting | Ausgabe 3/2018

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Abstract

This paper is concerned with profitable external growth and proposes an empirical model outlining the major determinants of its success. The results of analysis of the unique sample of strategic growth acquisitions completed from 2000 to 2010 suggest that the success of transaction is determined not only by external factors but also by the pre-event fundamental performance of participating companies. Taken together they present the performance measures for a profitable sustainable growth and encourage executives to “lead for value”.

Vorheriger Artikel Enhancement of value investing strategies based on financial statement variables: the German evidence

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Titel: Value creation through external growth strategy: the architecture of successful performance
verfasst von: Veronika Vinogradova
Publikationsdatum: 28.12.2017
Verlag: Springer US
Erschienen in: Review of Quantitative Finance and Accounting / Ausgabe 3/2018
Print ISSN: 0924-865X
Elektronische ISSN: 1573-7179
DOI: https://doi.org/10.1007/s11156-017-0690-5

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