An explanation of factors related to the acquiring firm’s abnormal returns from M&A activities

Zhangliang, Xia

dc.contributor.advisor	Dodds, J. C. (James Colin)
dc.creator	Zhangliang, Xia
dc.date.accessioned	2016-05-16T14:58:47Z
dc.date.available	2016-05-16T14:58:47Z
dc.date.issued	2015
dc.identifier.uri	http://library2.smu.ca/handle/01/26491
dc.description	1 online resource (25 p.)
dc.description	Includes abstract.
dc.description	Includes bibliographical references (p. 23-25).
dc.description.abstract	This paper firstly estimates the abnormal returns from merger and acquisition activities. To obtain the abnormal returns, I used the S&P500, which is considered as market return, and firm returns to calculate the normal returns. The excess returns can be regarded as abnormal returns. Secondly, I performed a regression analysis to test the relationship between abnormal returns and explanatory factors. This paper examines these relationships and provides suggestions to companies which would participate in merger and acquisition activities.	en_CA
dc.description.provenance	Submitted by Greg Hilliard (greg.hilliard@smu.ca) on 2016-05-16T14:58:47Z No. of bitstreams: 1 Zhangliang_Xia_MRP_2015.pdf: 691299 bytes, checksum: f080228b6a2012b41e633a02d93a5572 (MD5)	en
dc.description.provenance	Made available in DSpace on 2016-05-16T14:58:47Z (GMT). No. of bitstreams: 1 Zhangliang_Xia_MRP_2015.pdf: 691299 bytes, checksum: f080228b6a2012b41e633a02d93a5572 (MD5) Previous issue date: 2015-12-31	en
dc.language.iso	en	en_CA
dc.publisher	Halifax, N.S. : Saint Mary's University
dc.title	An explanation of factors related to the acquiring firm’s abnormal returns from M&A activities	en_CA
dc.type	Text	en_CA
thesis.degree.name	Master of Finance
thesis.degree.level	Masters
thesis.degree.discipline	Finance, Information Systems, & Management Science
thesis.degree.grantor	Saint Mary's University (Halifax, N.S.)