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

Research output: Contribution to journalArticle

Abstract

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 longterm 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.

Original languageEnglish
JournalJurnal Pengurusan
Volume52
Publication statusPublished - 1 Jun 2018

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Ownership structure
Long-term performance
Ownership
Operating performance
Mergers
Performance measures
Shareholders
Interaction effects
Mergers and acquisitions

Keywords

  • Event studies
  • Long-term performance
  • Merger and acquisitions

ASJC Scopus subject areas

  • Business and International Management
  • Accounting
  • Business, Management and Accounting (miscellaneous)

Cite this

Ownership structure, types of M&A and long-term performance. / Yaacob, Mohd Hasimi; Alias, Norazlan.

In: Jurnal Pengurusan, Vol. 52, 01.06.2018.

Research output: Contribution to journalArticle

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