Mergers and Acquisition
Prepare an indepth literature review on Mergers and Acquisition. To write the literature review, you will have to critically evaluate 8-12 journal articles and reference the articles to give your review on those articles.
THE area that is chosen would be
- The motivation of mergers and acquisition through the articles read.
- The performance of mergers and acquisition through the articles read.
- The factors that drove mergers and acquisition through the articles read.
Please do not just provide a summary of reference articles.
Try to understand what the studies are about. Usually they are trying to prove a concept/idea using determinants/variables as a proxy to test for a relationship/link. When you find a particular area of interest, you can then search for more articles in that area. To narrow down your discussion, try to look at the variables/determinants, tests, sample seize, control, etc. used in the studies. Were these variables similarly defined across all studies? What is the significance of using these variables? Were the results conclusive? If not, what do you think accounted for it?
The literature review has to include:
Abstract, Introduction, Body and conclusion
Use google scholar to search for articles
6-8 pages, 1.5 spacing
Chicago reference style
Some example of articles
Gonzalez, P., G. M. Vasconcellos, and R. J. Kish. 1998. Cross-border mergers and acquisitions: The undervaluation hypothesis. Quarterly Review of Economics & Finance 38(1): 25-45.
Pradhan, J. P., and V. Abraham. 2005. Overseas Mergers and Acquisitions by Indian Enterprises: Patterns and Motivations. Indian Journal of Economics 85(33): 365-386.
Alexandridis, G., K. P. Fuller, L. Terhaar, and N. G. Travlos. 2012. Deal Size, Acquisition Premia and Shareholder Gains. Journal of Corporate Finance 20: 1-13.
Bouwman, C. H. S., K. Fuller, and A. S. Nain. 2009. Market valuation and acquisition quality: Emprical evidence. Review of Financial Studies 22(2): 633-679.
Cakici, N., C. Hessel, and K. Tandon. 1996. Foreign acquisitions in the United States: effect on shareholder wealth of foreign acquiring firms. Journal of Banking & Finance 20(2): 307-329.
Fuller, K., J. Netter, and M. Stegemoller. 2002. What Do Returns to Acquiring Firms Tell Us? Evidence from Firms That Make Many Acquisitions. Journal of Finance 57(4): 1763-1793.