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  • The Merger Mystery

    Why Spend Ever More on Mergers When So Many Fail?

    Statistical studies over the last forty-five years show that, although there are success stories, very many mergers and acquisitions do not result in the increased operating profits that economics textbooks would lead one to expect. As consultancy McKinsey have put it, ‘Anyone who has researched merger success rates knows that roughly 70% fail’. Yet—mysteriously—M&A activity has boomed across the ... Read more

    $7.99 USD or Free with Kobo Plus

  • Accounting for M&A

    Uses and Abuses of Accounting in Monitoring and Promoting Merger

    Edited by Geoff Meeks, Amir Amel-Zadeh ...
    Series series Routledge Studies in Accounting
    Spending on M&A has, in aggregate, grown so fast that it has even overtaken capital expenditure on increasing and maintaining physical assets. Yet McKinsey, the leading management consultancy, reports that "Anyone who has researched merger success rates knows that roughly 70% fail". The idea that businesses might be using huge and increasing sums of shareholders’ money for an activity that more ... Read more

    $62.99 USD