Predicting mergers and acquisitions : a study of Tobin's Q.

• Main Authors: Chong, Hui Shan., Lim, Jian Liang., Tan, Keng Tiong.
• 其他作者: Angie Low An Chee
• 格式: Final Year Project
• 語言: English
• 出版: 2009
• 主題: DRNTU::Business::Finance::Mergers and acquisitions
• 在線閱讀: http://hdl.handle.net/10356/18927

This paper attempts to document the relations between takeover probability and a comprehensive set of takeover determinants, with an emphasis on Tobin’s Q. We find firms characterized by low Q ratios are more likely to be the targets of takeovers. This study makes use of a modified methodology that...