Value creation in M&A transactions: an empirical analysis of short-term market reactions and long-term financial performance

Calò, Sara Maria (A.A. 2024/2025) Value creation in M&A transactions: an empirical analysis of short-term market reactions and long-term financial performance. Tesi di Laurea in Financial analysis, Luiss Guido Carli, relatore Francesco Legrottaglie, pp. 136. [Master's Degree Thesis]

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Abstract/Index

Theoretical foundations of mergers and acquisitions. Literature review. Theoretical foundations of M&A. Value creation and destruction for shareholders. Short-term and long-term effects. Event study methodology. Prior empirical research and research gaps. Methodology. Research strategy and methodological approach. Data collection and sample selection. Event study methodology. Financial performance analysis (KPI framework). Variables and metrics used. Case studies. Analysis of 10 M&A transactions (2015–2023) in Europe: impact on the performance of acquiring firms (financial performance analysis pre- and post-acquisition: revenues, EBITDA, ROIC, comparison with industry benchmarks). Aggregate summary of results and comparison with sector benchmarks. Discussion. Strategic implications for companies undertaking large M&As.

References

Bibliografia: pp. 125-133.

Thesis Type: Master's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Master's Degree Programs > Master's Degree Program in Strategic Management (LM-77)
Chair: Financial analysis
Thesis Supervisor: Legrottaglie, Francesco
Thesis Co-Supervisor: Magnanelli, Barbara Sveva
Academic Year: 2024/2025
Session: Autumn
Deposited by: Alessandro Perfetti
Date Deposited: 17 Mar 2026 10:12
Last Modified: 17 Mar 2026 10:12
URI: https://tesi.luiss.it/id/eprint/45120

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