A corporate governance analysis on the merger of Hewlett-Packard and Compaq

• Main Authors: Ang, Annabel Ying Hui, Fok, Wai Ching, Lau, Audrey Kui Fang
• Other Authors: Low, Angie An Chee
• Format: Final Year Project
• Language: English
• Published: 2009
• Subjects: DRNTU::Business::Finance::Corporate governance
• Online Access: http://hdl.handle.net/10356/15068
• Institution: Nanyang Technological University

The process of merger between Hewlett-Packard (HP) and Compaq from 2001 to 2002 was a long strenuous battle between the CEO, shareholder activists, and board of directors. In this case study, analysis of abnormal stock returns and operating performance reveals that the merger was value destroying. T...