Şirket birleşmeleri ve birleşen şirketlerin değerlemesi
Corporate mergers and the valuation of the mergers
- Tez No: 62431
- Danışmanlar: PROF. DR. YÜKSEL KOÇ YALKIN
- Tez Türü: Yüksek Lisans
- Konular: İşletme, Business Administration
- Anahtar Kelimeler: Belirtilmemiş.
- Yıl: 1997
- Dil: Türkçe
- Üniversite: Ankara Üniversitesi
- Enstitü: Sosyal Bilimler Enstitüsü
- Ana Bilim Dalı: Belirtilmemiş.
- Bilim Dalı: Belirtilmemiş.
- Sayfa Sayısı: 188
Özet
Özet yok.
Özet (Çeviri)
SUMMARY When two ör more companies come together under common ownership, this is referred to as a“business combinations”. Not ali combinations are similar in nature. For business, legal and accounting purposes it has become necessary to differentiate between the foraıs of combinations. At the extremes it is easy to decide what a merger and acquisitions (M&A). When two companies come together, with the shareholders and directors of the two companies supporting the idea of the combinations and continuing to have an interest üı the combined business, it is a merger. however, when a large company makes a cash bid for the shares of a smaller company, the directors of the small company advise their shareholders not to seli but the shares are sold anyvvay and neither the pre-bid shareholders nor the directors of the purchsed company have any continuing interest in the enlarged business, it is clearly an acquisition. M&A have raised importend issues both for business decisions and for public policy formulations. No firm is regarded safe from a M&A posibiliry. On the more positive side, M&A may be critical to the healty expansion of business firms as they evolve through successive stage of growth and devolopment Both internal and external growth may be complementary in the long-range evolution of firms. Succussfull entry into new product markets and into new geographical markets by a firm may require M&As at some stage in the firm's development. Sucesseful compitition in interaational markets may depend on capabilities obtained in a timely and efficient fashion through M&As. Some have argued that highest and best uses, thereby increasing shareholder value. 159Theoretically a firm will become a bidder when it sees an opportunity to make an investment with a positive incremental net present value. It is likely to perseive such an opportunity, either a. where it consider that the incremental cash flows from the investment, when discounted at a rate consistent with the level of risk associated with those cash flows, are positive; or b. where the reduction in the level of risk associated with the bidder's existing cash flovs causes the appropriate rate for discounting those cash flows to fall, thus increasing the NPV of the existing cash flows of the bidder. 160
Benzer Tezler
- Şirket birleşmelerinin, şirket değerlemesi ile finansal açıdan başarılarının irdelenmesi ve bir uygulama
Evaluating the financial success of firm mergers with firm valuation and an application
ÖZGÜR EKİN SUCU
- Şirket birleşmelerinin firma değerine etkisinin analizi ve bir uygulama
Başlık çevirisi yok
NURSEL ZENNUR DİYARBAKIRLIOĞLU
- Başarılı şirket birleşmelerinin sonuçları: Sigorta aracılık şirketi örneği
Successful results of merger: The case of insurance brokerage company
SÜLEYMAN CAN TURAN
- Şirket birleşmelerinin finansal analizi
Financial analysis of mergers and acquistions: An application
YETKİN BULUT
Yüksek Lisans
Türkçe
2002
İşletmeAdnan Menderes Üniversitesiİşletme Ana Bilim Dalı
Y.DOÇ.DR. MUSTAFA ÖZTÜRK
- Essays in empirical corporate finance
Ampirik kurumsal finans alanında makaleler
GÜL DEMİRTAŞ
Doktora
İngilizce
2014
İşletmeSabancı ÜniversitesiYönetim Bilimleri Ana Bilim Dalı
YRD. DOÇ. DR. ŞERİF AZİZ ŞİMŞİR