{"product_id":"mergers-acquisitions-in-the-pharmaceutical-industry-an-empirical-study-of-acquirers-ability-to-create-shareholder-wealth-von-jimmy-thien-phu-nguyen-thomas-grauer-nielsen","title":"Mergers \u0026 Acquisitions in the Pharmaceutical Industry","description":"\u003cp\u003eAbnormal returns in stock markets are subject to many studies. In particular, the ability to test on specific industries has received much attention. The number of M\u0026amp;As have increased in the last decade, which also includes M\u0026amp;A deals in the pharmaceutical (pharma) industry, where companies acquire to reach distinctive capabilities to survive in the dynamic and complex business environment. Companies also utilize M\u0026amp;A to increase their ability to create shareholder wealth, though this has shown partially not to be correct. Previous studies conducted, have found rather different results on M\u0026amp;A transactions. This thesis examines the impact on shareholder wealth in pharmaceutical M\u0026amp;As, more precise the study tests the abnormal stock return around the announcement day. The study is conducted with a data sample consisting of 250 deals in the pharma industry between 2000 and 2014.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783330070431\"\u003e\u003ch3\u003eAn empirical study of acquirers' ability to create shareholder wealth\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783330070431","offer_id":39426638217309,"sku":"9783330070431","price":17.9,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/020b3b5f-42ff-4b8f-a736-fd3eb7b14bbb.jpg?v=1745469068","url":"https:\/\/shop.autorenwelt.de\/products\/mergers-acquisitions-in-the-pharmaceutical-industry-an-empirical-study-of-acquirers-ability-to-create-shareholder-wealth-von-jimmy-thien-phu-nguyen-thomas-grauer-nielsen","provider":"Autorenwelt Shop","version":"1.0","type":"link"}