Business, Management and Accounting
4 years ago

Corporate acquisitions in Australia fail to boost post-acquisition performance.

Journal of Business Finance &amp Accounting
The Impact of Acquisitions on Operating Performance: Some Australian Evidence
Divesh S. Sharma, Jonathan C. Ho

Paper Summary

The study looked at how acquisitions affect Australian companies' performance. They analyzed 36 acquisitions from 1986 to 1991 and found that these acquisitions did not improve the companies' performance afterward. This suggests that Australian companies may not be making acquisitions for the expected benefits.

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