Value Creation within the Construction Industry a Study of Strategic Takeovers.
| Основен автор: | Vogt, Joachim. |
|---|---|
| Формат: | Електронен |
| Език: | English |
| Публикувано: |
Frankfurt :
Lang, Peter, Internationaler Verlag der Wissenschaften,
2011.
|
| Серия: |
Corporate finance and governance ;
Bd. 3. |
| Предмети: | |
| Онлайн достъп: |
http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=487931 |
| Подобни документи: |
Print version::
Value Creation within the Construction Industry : A Study of Strategic Takeovers. |
Съдържание:
- Table of Contents; List of Tables XIII; List of Figures XV; List of Abbreviations XVII; List of Symbols XIX; 1 Introduction 1; 1.1 Research Overview and Objectives 1; 1.2 Study One: Objectives and Main Findings 3; 1.3 Study Two: Objectives and Main Findings 4; 1.4 Study Three: Objectives and Main Findings 6; 2 Consolidation, Value Chain Extension and Outside Industry Investors
- Value-Generating M & A Strategies in the Construction Industry 7; 2.1 Introduction 8; 2.2 Related Literatures 11; 2.3 Data and Methodology 13; 2.3.1 Data and Sample Selection 13; 2.3.2 Methodology 15.
- 2.4 Empirical Results 162.4.1 Overall Sample Analysis 16; 2.4.2 Strategic Focuses of Takeovers 19; 2.4.3 Domestic and International Takeovers 24; 2.4.4 M & A Across Decades 29; 2.5 Success Parameters of Takeovers 31; 2.6 Conclusion 34; 3 Strategic Bidders and Long-Run M & A Success Beyond Monopolistic Power 37; 3.1 Introduction 38; 3.2 Data and Methodology 42; 3.2.1 Data 42; 3.2.2 Methodology 44; 3.3 Empirical Results 46; 3.3.1 Overall Sample Analysis 46; 3.3.2 Strategic Focuses of Takeovers by Construction Firms 48; 3.3.3 Detailed Analysis of Takeovers of Non-Construction Firms 51.
- 3.3.4 Domestic and International Takeovers 543.4 Success Parameters of Takeovers 59; 3.5 Conclusion 63; 4 The Deteriorating Wealth Effect of National Acquisitions in Fragmented and Declining Markets 67; 4.1 Introduction 68; 4.2 Acquirer and Targets 72; 4.2.1 The Acquirer Walter Bau 72; 4.2.2 Target 1: Concrete Construction Group 79; 4.2.3 Target 2: Heilit Worner 79; 4.2.4 Target 3: DYWIDAG 80; 4.2.5 Target 4: Zublin 81; 4.3 Methodology 83; 4.3.1 Methodology for the Short-Term Analysis 83; 4.3.2 Methodology for the Long-Term Analysis 84; 4.4 Analysis of the M & A strategy of Walter Bau 84.
- 4.4.1 The Acquisition of Concrete Construction Group 864.4.2 The Acquisition of Heilit Worner 88; 4.4.3 The Acquisition of DYWIDAG 90; 4.4.4 The Acquisition Attempt of Zublin 93; 4.5 Conclusion 95; 5 Conclusion 97; Reference List 99.