Создание синергии во внутрироссийских сделках слияний и поглощений в 2006–2014 гг.
Аннотация
Статья посвящена развитию применимой к российскому рынку модели оценки пяти компонентов операционной и финансовой синергии, а также эмпирической проверке гипотез о факторах создания синергии во внутрироссийских сделках слияний и поглощений (M&A) в 2006–2014 гг. Представлены различные способы оценки синергии, основанные на анализе финансовой отчетности участвующих в сделке компаний. Оценена успешность сделок и структура синергии в периоды роста и кризиса на российском рынке M&A. Определены наиболее важные факторы создания отдельных компонентов операционной и финансовой синергии, в том числе в разные периоды развития рынка.
Ключевые слова:
слияния и поглощения, синергия, стоимость компании, развивающиеся рынки капитала, стратегия, экономия на масштабе
Скачивания
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Литература
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Опубликован
2016-06-29
Как цитировать
Родионов, И. И., & Михальчук, В. Б. (2016). Создание синергии во внутрироссийских сделках слияний и поглощений в 2006–2014 гг. Российский журнал менеджмента, 14(2), 3–28. https://doi.org/10.21638/11701/spbu18.2016.201
Выпуск
Раздел
Теоретические и эмпирические исследования
Статьи журнала «Российский журнал менеджмента» находятся в открытом доступе и распространяются в соответствии с условиями Лицензионного Договора с Санкт-Петербургским государственным университетом, который бесплатно предоставляет авторам неограниченное распространение и самостоятельное архивирование.
