Araştırma Makalesi
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ŞİRKET BİRLEŞME VE SATIN ALMA MÜZAKERELERİNİN BAŞARISIZLIK NEDENLERİ: FİRMA VE MÜZAKERE YAPISININ ETKİLERİ

Yıl 2021, Cilt: 22 Sayı: 2, 135 - 149, 18.07.2021
https://doi.org/10.31671/doujournal.972996

Öz

Bu çalışmada firma satın alma ve birleşme müzakerelerinin başarısızlıkla sonuçlanmasını etkileyen faktörlerin, müzakere ve firma temelinde araştırılması amaçlanmıştır. Bu kapsamda, Avrupa Birliği’nin ilk 15 büyük ekonomisine sahip ülkeler ile ABD menşeli firmaların 2010-2017 yılları arasındaki birleşme ve satın alma müzakereleri analiz edilmiştir. Yapılan analizler sonucunda, müzakere özellikleri bakımından, müzakere süresinin uzunluğunun müzakerenin olumlu neticelenme ihtimalini azalttığı, peşin ödeme yönteminin teklif edildiği müzakerelerin hibrit ödeme yöntemlerinin teklif edildiği müzakerelere göre olumsuz sonuçlanma ihtimalinin daha yüksek olduğu, sahip olunmak istenen hisse payındaki artışın ise müzakere sonuçlarını pozitif yönde etkilediği belirlenmiştir. Firma özellikleri dikkate alındığında ise, hedef firma büyüklüğünün müzakereler üzerinde olumsuz etkisi olduğu, diğer taraftan finansal kaldıraç rasyosunun yükselmesinin müzakerelerin başarı ihtimalini arttırdığı tespit edilmiştir.

Kaynakça

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Toplam 46 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Konular İşletme
Bölüm Araştırma Makaleleri
Yazarlar

Yener Altunbaş Bu kişi benim 0000-0002-2088-2288

Ümit Tokul Bu kişi benim 0000-0003-3145-6812

Ozan Kalaycıoğlu Bu kişi benim 0000-0002-7593-9835

Yayımlanma Tarihi 18 Temmuz 2021
Gönderilme Tarihi 8 Ağustos 2020
Yayımlandığı Sayı Yıl 2021 Cilt: 22 Sayı: 2

Kaynak Göster

APA Altunbaş, Y., Tokul, Ü., & Kalaycıoğlu, O. (2021). ŞİRKET BİRLEŞME VE SATIN ALMA MÜZAKERELERİNİN BAŞARISIZLIK NEDENLERİ: FİRMA VE MÜZAKERE YAPISININ ETKİLERİ. Doğuş Üniversitesi Dergisi, 22(2), 135-149. https://doi.org/10.31671/doujournal.972996