Shareholder Value Creation in European M&As

By J. Campa, I. Hernando. 2004

370 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/1a81aeeb108202361d3cececc1356d4498fa8bbe

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Citations in the corpus

Do cross-border mergers and acquisitions increase short-term market performance? The case of Chinese firms (2017, background): “Campa and Hernando (2004) also showed negative cumulative abnormal returns for acquiring firms involving cross-border M&As.”
Cross-Border M&As by Chinese Firms: An Analysis of Strategic Motivation and Performance (2008, background): “This finding is consistent with the conclusion drawn by Campa and Hernando (2004) who pointed out that the returns to the acquirer firm is less conclusive.”
Does global diversification destroy firm value? (2006, background): “See also Campa and Hernando (2004) for European M&As.”
Do financial markets care about SRI? Evidence from mergers and acquisitions (2011, background): “However, Campa and Hernando (2004) report an average CAR of 3.93% for European targets, and Aktas et al. (2004) find an average targe CAR of 10.15% for a sample of international deals, which passed the regulatory hudles of the European Commission.”
M&As Performance in the European Financial Industry (2006, neutral): “Campa and Hernando (2004) also looking at a sample of E.U.”
A century of corporate takeovers: What have we learned and where do we stand? (2008, neutral): “…53/55 28/32 88/86 30/33 18/23 M FA HA Cash Stock Mixed +12.62a +11.33a +17.95a +13.56a +11.38a +13.24a +4.35a +1.94a -3.43a +0.90c +2.57a +0.22 Campa and Hernando (2004), EU 1998-00 CAPM (-1, +1) 182 Domestic deals +3.86b +0.61 +1.33b Martynova and Renneboog (2006), Europe 1993-01 6 methods,…”
Competition and regulation in the banking sector: A review of the empirical evidence on the sources of bank rents (2007, background): “A recent paper by Campa and Hernando (2004) suggests exogenous borders may play a role.”
Is European M&A regulation protectionist? (2007, neutral): “reported by Campa and Hernando (2004) and by Goergen and Renneboog (2004), 3.”
Sociocultural Integration in Mergers and Acquisitions: Unresolved Paradoxes and Directions for Future Research (2013, methodology): “The most common measures of performance are short-term financial performance using a window event study method (Campa & Hernando, 2004; Smith & Kim, 1994; Walker, 2000), long-term accounting measures, and long-term financial performance using a window event study method (Agrawal, Jaffe, &…”