2011 Fiscal Year Final Research Report
Corporate mergers, acquisitions and divestitures : Japanese evidences
Project/Area Number |
21530307
|
Research Category |
Grant-in-Aid for Scientific Research (C)
|
Allocation Type | Single-year Grants |
Section | 一般 |
Research Field |
Public finance/Monetary economics
|
Research Institution | Iwate Prefectural University |
Principal Investigator |
|
Co-Investigator(Kenkyū-buntansha) |
YONEZAWA Yasuhiro 早稲田大学, 商学学術院, 教授 (40175005)
|
Project Period (FY) |
2009 – 2011
|
Keywords | 企業買収・合併(M & A) / ダイベストメント / 企業金融 / 日本的金融システム / コーポレート・ガバナンス |
Research Abstract |
In this study we looked at Japanese mergers, acquisitions, and divestitures during 2000 to 2009 calculating cumulative abnormal returns. We found various facts comparing mean CARs between categories based on firm performance, characteristics, and so on. Especially we investigated the relationship the board structure M & A decisions and performances.
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