TY  - BOOK
AU  - Daniela Peters
PY  - 2019
CY  - Berlin, Germany
PB  - Peter Lang Verlag
SN  - 1868-7687
SN  - 9783631783450
TI  - Synergy and Goodwill Controlling
T2  - Empirical Evidence on Determinants and Acquisition Performance
DO  - 10.3726/b15350
UR  - https://www.peterlang.com/document/1057848
N2  - As most acquisitions destroy shareholder value, this study examines the effect of synergy and goodwill controlling on acquisition success. Based on a sample of German, Austrian, and Swiss acquirer companies, a descriptive analysis presents design options for the M&A organization and related controlling tasks. Empirical analyses identify various determinants of synergy and goodwill controlling and reveal that acquisitions positively impact financial success in the short term and accounting-based success in the medium term. The results also indicate that synergy and goodwill controlling influence internal and external measures of acquisition success in different ways. Thus, the findings do not only entail implications for acquirers but also for investors, standard setters, and academics.
KW  - Takeovers, mergers and buy-outs, Financial management, Management accounting, International accounting, Organization of enterprises, Multinationals, General business studies, Corporate finance
LA  - English
ER  -