How to Create Value
New Perspectives on the Modern Corporation series
Chapter 3: Making M & As create value: an analytical model for evaluating M & As
The high percentage of failures highlights the need to define more precisely the purpose of an M & A and use more effective models for evaluating and managing M & As. To offer a contribution for reducing the percentage of failures in M & As, we believe it is necessary, first of all, to acknowledge that the ultimate aim of a corporation is to create value for its shareholders. Then, it is necessary to define analytical models and procedures suitable for properly evaluating and implementing M & As to create value. With this in mind, we will analyse the general conditions necessary for reaching this objective.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.