ŞİRKET BİRLEŞME, ELE GEÇİRME ve DEVRALMA İŞLEMLERİNİN MAKRO EKONOMİK ETKİLERİ

Year 2002, , 119 - 126, 28.06.2002

Ayşe Gül Yılgör

https://doi.org/10.14783/maruoneri.683276

Cited By: 1

Abstract

Mergers and acquisitions affect the firms in terms of efficiency, profitability, firm value and shareholder value. Besides, mergers and acquisitions also affect industry concentration, market structure, competition degree, productivity and effectiveness, hence the overall economy. This paper studies the effects of mergers and acquisitions on macroeconomics. Mergers and acquisitions are specifically important for Turkey, which is at the first stage of the mergers and acquisitions process.

Keywords

Şirket birleşme, Ele geçirme, Devralma, Makro ekonomik etki

References

• [1] Mergerstat Rewiew, 1999, Aktaran: P.A.Gaugen, Mergers, Acquisitions, and Corporate Restructurin John Wiley & Sons, Inc. New York, 1999, s.22,26,17,32,50,145,146.
• [2] www.Mergerstat.com, Mergerstat, October 2001, s.1.
• [3] KNOTT,G., Financial Management, Mc Millan Education Ltd., London, 1991, s.288.
• [4] REED, S.F.; LAJOUX, A.R., The Art of M&A, A Merger/Acquisition/Buyout Guide, McGraw-Hill, New York, 1999, s.6,67-69,920.
• [5] COYLE, B., Mergers and Acquisitions, Amacom, New York, 2000, s.6.
• [6] WESTON, J.P.; CHUNG, K.S.; SIU, J.A., Takeovers, Restructuring, and Corporate Governance, Prentice Hall, Inc., New Jersey, 1998. s.282.
• [7] LEWIS, J.D., Partnerships for Profits, Structuring and Managing Strategic Alliances, The Free Press, New York, 1990, s.17.
• [8] JOHNSON, H., Mergers and Acquisitions A Framework For The Right Executive Decision, Prentice I-Iall, Great Britain, 1999, s.8-9.
• [9] WESTON, J.F.; Brigham, E.F., Essential of Managerial Finance, The Dreyden Press, Fort Worth, 1993, s.31,108,137,790,831-833.
• [10] CARNEY, W.J., Mergers and Acquisitions Cases and Materials, Foundation Press, New York, 2000, s.30,99.
• [11] ROSS, S.A.; Westerfield, R.W., Fundementals of Corporate Finance, Richard D.Irwin, Inc.,1993, s.763-767.
• [12] GOLBE, D.L.; White, L.J., "Mergers and Acquisitions in U.S. Economy: An Aggregate and Historical Overview", Mergers and Acquisitions içinde. Edited by: Alan J. Auerbach, The University of Chicago Press, 1988, s.40.
• [13] KILIÇ, Y., Rekabet Politikası Açısından Birleşme ve Devralmalar, DPT, Yayın No: 2509, Ankara, 2000, s.84.
• [14] NEVEN, D.; NATTALL, R.; SEABRIGHT, P., Merger in Daylight, The Economics and Politics of Europen Merger Control, Center for Economic Policy Research, 1993, s.17-19.
• [15] http://www.die.gov.tr/Turkish/Sonist/Imalatyog.
• [16] LEV, B., "Observations on the Merger Phenomenon and a Rewirw of The Evidence", The Berkeley Conference, s.357.
• [17] BRADLEY, M., "The Economic Concequences of Mergers and Tender Offers", The Berkeley Conference, s.368.
• [18] HEALY, P.; KRISHNA, M.; PALEPU G.; RUBACK, R.S., "Does Corporate Performance Improve After Mergers", Journal of Financial Economics, 31, 1992, s.165-175.
• [19] KAPLAN, S.N.; WEISBACH, M.S., "The Succes of Acquisitions: Evidence from Divestitures", The Journal of Finance, Vol. XLVII, No: 1, March 1992, s.109-110.