期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2011
卷号：11
期号：1
语种：English
出版社：Ovidius University Press
摘要：Mergers are transactions of great importance,not only for the organizations involved,but for many stakeholders. Success or failure of such enterprises may have hudge consequences for the shareholders of an organization,creditors,employees,competitors and communities. Empirical evidence indicates a high rate of failure of mergers in terms of value creation for shareholders. This study examines the impact of the merger on the performance of companies in Romania. Performance in this analysis is defined as debt rate and the biggest influence on the performance on merged firms is the share of current assets to total assets.
关键词：mergers;performance;borrowing rate;current assets to total assets
