| 摘要註: |
Exploring mergers and acquisitions (MAs) in the 21st century, the authors systematically introduce, characterize and evaluate these mergers, discussing the methodologies that can be employed to measure them, and considering a number of factors relevant to their performance. They analyze the economic, managerial, legal, and psychological factors. Given that up to US$10 billion a day is spent on mergers and acquisitions, and that approximately 70% of these fail, while the practice spreads internationally, this study into their performance and the impacting factors of M&As is much overdue. |