Author/Authors :
EYCEYURT, Tuğba Atatürk Üniversitesi - İİBF İşletme Bölümü, Turkey , SERÇEMELİ, Murat Atatürk Üniversitesi - İİBF İşletme Bölümü, Turkey
Title Of Article :
The effects of Mergers and Acquisitions on Stock prices
Abstract :
In this paper it is examined the emerging of mergers acquisitions and the causes, forms, aims of them. In practise current acquisitions are selected from 2008- 2009 M A’s that both of the companies are trading on the stock exchange of İMKB. It was used “t test” to explore the effect of acquisition on the stock prices of acquirer company, then for the statistically significant different days it is researched for the acquirer, if it is possible to acquire abnormal return by acquisitions to İMKB stock index. As a result it was found that it is not possibble to acquire abnormal return in 180 days run but it is possible to acquire AR in short run 5- 30 days.
NaturalLanguageKeyword :
Mergers and Acquisitions , Stock Prices , Abnormal return
JournalTitle :
Journal Of Economics and Administrative Sciences, Ataturk University
