Does corporate diversification destroy value? further evidence from mergers and acquisitions in Singapore.

• Main Authors: Goh, Tze Ying., Lim, Mei Khiun.
• Other Authors: Lim, Chee Yeow
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Mergers and acquisitions
• Online Access: http://hdl.handle.net/10356/8802
• Institution: Nanyang Technological University

We found that mergers and acquisitions in Singapore generally create value for the firms. High managerial ownership coupled with diversification strategy help to generate a higher return for the firm. However in the long run, there is no significant change of firm value for firms that undertake merg...