Mergers, Acquisitions and Corporate Restructuring

Text and Cases
2. Auflage 2018
ISBN: 978-93-5280-349-1
Verlag: SAGE Publications

Buch, Englisch, 468 Seiten, Format (B × H): 184 mm x 241 mm, Gewicht: 549 g

This revised edition of the well-known text provides a comprehensive and well-balanced overview of the entire spectrum of activities in merger transactions, acquisitions, and corporate restructuring process. It comprises of insightful modules on search for acquisitions, value drivers and target valuation, design of consideration, accounting and tax factors, cross border acquisitions, and the restructuring of equity and debt contracts. Intended for students with an interest in the financial, strategic, and business issues surrounding corporate restructuring, this book will take the readers through a rigorous understanding of valuation in a variety of corporate settings.

Mergers, Acquisitions, and Corporate Restructuring: Text and Cases incorporates seven brief cases and six full-length teaching cases that instructors can use for classroom discussion and for in-depth understanding of the issues at hand.

The book will help the readers answer crucial questions such as:

• When does it make sense to acquire or restructure a firm’s operations?

• How does the structure of the deal affect the value creation potential?

• How much value will the acquisition or restructuring create?

• What are some of the post-merger integration issues that managers face?

Autoren/Hrsg.

Krishnamurti, Chandrashekar

S R, Vishwanath

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensorganisation, Corporate Responsibility Mergers & Acquisitions (M&A), Übernahmen & Buy-outs

Inhaltsverzeichnis

Preface to the First Edition
Preface to the Second Edition
Diversification via Acquisition - Sankaran and Vishwanath S R
Searching for Acquisitions - Vishwanath S R and Sankaran
Value Drivers and Target Valuation - Vishwanath S R and Chandrasekhar Krishnamurti
Valuation of Privately Held Companies Pitabas Mohanty
Real Options Analysis in Mergers and Acquisitions - Vishwanath S R and Chandrasekhar Krishnamurti
Design of Consideration in Acquisitions: Cash and Stock Offers - Vishwanath S R and Chandrasekhar Krishnamurti
Accounting and Tax Issues in Mergers and Acquisitions - Vishwanath S R
Cross-border Acquisitions - Vishwanath S R and Chandrasekhar Krishnamurti
The Empirical Evidence on Merger - P Raghavendra Rau
Takeover Defenses - Sharon Hannes
Post-merger Integration - Vishwanath S R
Spin-offs, Equity Carve-outs and Targeted Stock Offerings - Vishwanath S R and Chandrasekhar Krishnamurti
Bankruptcy and Reorganization - Vishwanath S R and Chandrasekhar Krishnamurti
Employee Share Ownership Plans - Corey Rosen
TEACHING CASES
Corporate Governance Scandal at Satyam Computer Services Ltd.
Financing Strategy at Tata Steel
Kingfisher Airlines Ltd.: Debt Restructuring
Reliance Communications Ltd.: A House of Cards?
Wipro Ltd.: The Demerger Decision
Suzlon Energy Ltd.: Debt Restructuring
Index

Über Autor(innen)

Krishnamurti, Chandrashekar
Chandrasekhar Krishnamurti is a Professor of Finance at the School of Commerce, University of Southern Queensland, Australia. He has held teaching positions at the National University of Singapore, Nanyang Business School (Singapore), Monash University, Auckland University of Technology, and the Indian Institute of Science (Bengaluru). He has a PhD in finance from the University of Iowa, USA. He has published in major international journals such as Financial Management, Journal of Banking and Finance, Journal of Corporate Finance, and Journal of Financial Research. The areas of his research interest are market microstructure, corporate governance, emerging markets, international finance, and carbon finance.

S R, Vishwanath
Vishwanath S. R. is a Professor of Finance at the School of Management and Entrepreneurship, Shiv Nadar University, Gautam Buddh Nagar, UP. He has held academic positions at S. P. Jain Institute of Management; T. A. Pai Management Institute; Emirates Institute for Banking and Financial Studies, Sharjah, UAE; and the Institute of Management Technology, Nagpur. He was a consultant with the Tata Management Training Center in Pune, India, during 2006–07.

He is the recipient of the Ruth Greene Memorial Award, the Best Workshop Case Award and the Jonathan Welch Award from the North American Case Research Association, and the Unilever-Dewang Mehta Best Professor in Financial Management Award. He has been nominated to Marquis Who’s Who in the World and Madison’s Who’s Who in the World.

He is the author of 6 books and 80 cases in corporate finance, investment management, and mergers, acquisitions, and corporate restructuring for various publications. His research examines trading mechanisms at stock exchanges, performance and risk taking by family firms, the value of certification and analyst recommendations of IPO firms, the effect of taxes on investor and corporate behavior, and the role played by anchor investors in the market for IPOs.

He has presented his research at major global conferences such as the European Financial Management Association Asian Conference, Asian Finance Association Annual Meeting, Journal of Corporate Finance Special Emerging Markets Conference, Financial Markets and Corporate Governance Conference, and the North American Case Research Association (NACRA) Annual Meeting.