澳洲代写价格：并购能否为收购公司的股东带来价值
荟萃分析进一步表明，当公司管理层收购在交易中占个人资金的主要份额时，结果将显示出更好的姿态(Kwoka和Pollitt, 2010)。收购杠杆也是如此，股权来自管理层收购公司。事件研究主要集中在研究在交易公告前后一段时间内利益相关者的异常收益。基准，通常，是通过CAPM或市场指数回报所需要的规定回报。事件研究被认为具有前瞻性的视角，假设股票价格只是股东未来现金流的当前预期价值。异常性质的收益通常以汽车来衡量，也称为累积异常收益。
澳洲代写价格：并购能否为收购公司的股东带来价值
例如，另一个度量是Laabs和Schiereck所做的购买和持有退货。他们测量了在完成合并的组织内投资多年的平均回报率。然后将收益进行比较，可以理解它们是不合适的(Kwoka和Pollitt, 2010)。也有人认为，方法上的原因解释了结果之间的差异。这是因为这些方法至关重要。因此，业绩取决于对交易特征是否恰当的考虑。交易特征符合并购目标，通过并购企业的规模进行适当调整。
澳洲代写价格：并购能否为收购公司的股东带来价值
The meta-analysis further suggested that when company management acquisition has major share of individual money within the deal, the result will show better stance (Kwoka and Pollitt, 2010). it has been stated that event studies have indulged in examining the abnormal return for stakeholders within the period around the transaction announcement. The benchmark, typically, is the required dictated return through CAPM or the market index return. Event studies have been considered to have a forward looking perspective within the assumption that prices of share are only the current expected value for shareholders future cash flows. Returns of abnormal nature are measured usually as CARs, also known as cumulative abnormal returns.
澳洲代写价格：并购能否为收购公司的股东带来价值
For example, another measurement is the purchase and hold return done by Laabs and Schiereck. They measured the return average over multiple years from investing within organizations that complete mergers. The returns were then taken for comparison and it was understood that they were inappropriate (Kwoka and Pollitt, 2010). It was also regarded that methodological reasons explained the differences within results. This was because the methods were crucial. The performance is therefore dependent over the consideration whether the deal characteristics are proper or not. With deal characteristics in alignment with the objectives of merger, it results in appropriate adjustment through merging firm’s size.
