Announcement effects of merger and acquisition transactions by special purpose acquisition companies (Spacs)
Autor(a) principal: | |
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Data de Publicação: | 2021 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10362/132591 |
Resumo: | “Announcement effects of merger and acquisition transactions by special purpose acquisition companies (SPACs)”Since the recent break-out year of special purpose acquisition company(SPAC)IPOs in 2020 and their accelerating speed in 2021, SPACs have gained a lot of attention in corporate finance. Given the current importance and publicity of SPACs, which are accountable for most IPOs of the general U.S. IPO market, the existing literature and empirical studies are limited. Therefore, this work project focuses on the announcement effects of merger and acquisition transactions by SPACs and evaluates their short-and medium-term performances via an event study. In addition, determinants accountable for their performances get tested in a multivariate regression analysis. |
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Announcement effects of merger and acquisition transactions by special purpose acquisition companies (Spacs)Corporate governanceProductivityBankingWage formationWage inequalityLabor marketInnovationCorporate financeMergers and acquisitionsCapital structureIposLeverageCorporate cash holdingsPayout policyHousehold financeDomínio/Área Científica::Ciências Sociais::Economia e Gestão“Announcement effects of merger and acquisition transactions by special purpose acquisition companies (SPACs)”Since the recent break-out year of special purpose acquisition company(SPAC)IPOs in 2020 and their accelerating speed in 2021, SPACs have gained a lot of attention in corporate finance. Given the current importance and publicity of SPACs, which are accountable for most IPOs of the general U.S. IPO market, the existing literature and empirical studies are limited. Therefore, this work project focuses on the announcement effects of merger and acquisition transactions by SPACs and evaluates their short-and medium-term performances via an event study. In addition, determinants accountable for their performances get tested in a multivariate regression analysis.Silva, Rui Alexandre Colaço eRUNSturm, Janpeter2022-02-09T15:24:49Z2021-09-202021-08-242021-09-20T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/132591TID:202837670enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:11:17Zoai:run.unl.pt:10362/132591Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:47:31.919705Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Announcement effects of merger and acquisition transactions by special purpose acquisition companies (Spacs) |
title |
Announcement effects of merger and acquisition transactions by special purpose acquisition companies (Spacs) |
spellingShingle |
Announcement effects of merger and acquisition transactions by special purpose acquisition companies (Spacs) Sturm, Janpeter Corporate governance Productivity Banking Wage formation Wage inequality Labor market Innovation Corporate finance Mergers and acquisitions Capital structure Ipos Leverage Corporate cash holdings Payout policy Household finance Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
Announcement effects of merger and acquisition transactions by special purpose acquisition companies (Spacs) |
title_full |
Announcement effects of merger and acquisition transactions by special purpose acquisition companies (Spacs) |
title_fullStr |
Announcement effects of merger and acquisition transactions by special purpose acquisition companies (Spacs) |
title_full_unstemmed |
Announcement effects of merger and acquisition transactions by special purpose acquisition companies (Spacs) |
title_sort |
Announcement effects of merger and acquisition transactions by special purpose acquisition companies (Spacs) |
author |
Sturm, Janpeter |
author_facet |
Sturm, Janpeter |
author_role |
author |
dc.contributor.none.fl_str_mv |
Silva, Rui Alexandre Colaço e RUN |
dc.contributor.author.fl_str_mv |
Sturm, Janpeter |
dc.subject.por.fl_str_mv |
Corporate governance Productivity Banking Wage formation Wage inequality Labor market Innovation Corporate finance Mergers and acquisitions Capital structure Ipos Leverage Corporate cash holdings Payout policy Household finance Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
Corporate governance Productivity Banking Wage formation Wage inequality Labor market Innovation Corporate finance Mergers and acquisitions Capital structure Ipos Leverage Corporate cash holdings Payout policy Household finance Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
“Announcement effects of merger and acquisition transactions by special purpose acquisition companies (SPACs)”Since the recent break-out year of special purpose acquisition company(SPAC)IPOs in 2020 and their accelerating speed in 2021, SPACs have gained a lot of attention in corporate finance. Given the current importance and publicity of SPACs, which are accountable for most IPOs of the general U.S. IPO market, the existing literature and empirical studies are limited. Therefore, this work project focuses on the announcement effects of merger and acquisition transactions by SPACs and evaluates their short-and medium-term performances via an event study. In addition, determinants accountable for their performances get tested in a multivariate regression analysis. |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-09-20 2021-08-24 2021-09-20T00:00:00Z 2022-02-09T15:24:49Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10362/132591 TID:202837670 |
url |
http://hdl.handle.net/10362/132591 |
identifier_str_mv |
TID:202837670 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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