Evaluation of Merger and Acquisition Processes in the Brazilian Banking Sector by Means of an Event Study
Revista Brasileira de Gestão de Negócios, Vol. 17, Núm. 56, pp. 1105-1115, Abril-Junio, 2015
12 Pages Posted: 15 May 2017
Date Written: April 22, 2015
Objective: Analyze the reactions of the stock market to M&A announcements, i.e. find out if there was value creation and consequently maximization of shareholder wealth or whether there was value destruction and consequently a decrease in the wealth of the shareholders of the acquiring companies in the short term.
Keywords: Event Study, Mergers and Acquisitions and Banks
Suggested Citation: Suggested Citation