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Elif Akben-Selçuk
 
''The Impact of Cross-Border M&As on Target Company Performance: Evidence from Turkey''
( 2008, Vol. 13 No.5 )
 
 
This study investigates the changes in the performance of Turkish companies which were the target of acquisitions by foreign companies. Pre-acquisition and post-acquisition accounting ratios are compared by parametric t-tests. The results show an insignificant decline in the ratios. We conclude that the cross-border M&As examined in this study did not synergy or improved the performance of target companies involved.
 
 
Keywords:
JEL: M0 - Business Administration and Business Economics; Marketing; Accounting: General
 
Manuscript Received : Jul 24 2008 Manuscript Accepted : Sep 20 2008

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