Takeovers, Restructuring and Corporate Governance
This book, meant fundamentally for undergraduate- and graduate-level courses on mergers and acquisitions as well business and corporate finance, economics and strategy methodically combines conceptual and enhanced empirical data. It offers students a practical insight into understanding mergers and acquisitions as well as corporate restructuring in the arrangement of strategic planning experienced by managers in all business organizations.
Table of Content
PART I. TAKEOVERS AND MERGERS IN PRACTICE
PART II. M&AS—THEORIES AND EMPIRICAL TESTS
- The Takeover Process.
- The Legal and Regulatory Framework.
- Accounting for M&As.
- Deal Structuring
PART III. VALUATION—THE STRATEGIC PERSPECTIVE.
- Strategic Processes.
- Theories of Mergers and Tender Offers.
- The Timing of Merger Activity.
- Empirical Tests of M&A Performance.
PART IV. RESTRUCTURING.
- Alternative Approaches to Valuation.
- Increasing the Value of the Organization.
PART V. M&A STRATEGIES
- Corporate Restructuring and Divestitures
- Empirical Tests of Corporate Restructuring and Divestitures.
- Financial Restructuring.
PART VI. STRATEGIES FOR CREATING VALUE.
- Alliances and Joint Ventures.
- Employee Stock Ownership and MLPs
- Going Private and Leveraged Buyouts.
- International Takeovers and Restructuring.
- Share Repurchases.
- Takeover Defenses.
- Corporate Governance and Performance.
- Merger Arbitrage.
- Implementation and Management Guides for M&As.
- Chapters on strategic processes, theory of mergers and tender offers, the timing of merger activity, empirical tests of corporate restructuring and divestitures are fully updated.
- Explains the merger and acquisition process within a broad framework of company’s strategic plans.
- Features Indian cases like Aditya Birla Nuvo, the inorganic growth of Videocon, the mergers and acquisitions of Indian companies and Crompton Greaves’s growth strategy