This study aims to determine whether the stock performance of a company affects the frequency of events associated with mergers and acquisitions in Latin America. In order to determine this hypothesis, companies with a consistently poor stock performance (for a period of three years) were identified for a selected number of countries in the region. Subsequently, companies with the lowest decile, in terms of stock returns were compared with the best performing decile, in order to analyze whether there is a higher incidence of events of mergers and acquisitions in the sample of firms with poor performance. The results showed that the highest number of mergers and acquisitions events occurred more frequently in the lowest decile.
|Título traducido de la contribución||Stock performance and mergers and acquisitions during the financial crisis: Evidence from Latin America|
|Número de artículo||11|
|Estado||Publicada - 2017|
|Publicado de forma externa||Sí|
- Latin America
- Mergers and acquisitions
- Stocks performance