Internal capital markets : evidence of mergers and acquisitions

• Main Authors: Ong, Theng Theng, Eng, Eileen Yi Lin, Ho, Kelvin Chien Ming
• Other Authors: Lim, Chee Yeow
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Capital market
• Online Access: http://hdl.handle.net/10356/9004
• Institution: Nanyang Technological University

We examine the changes in internal allocation of resources for firms that complete mergers and acquisitions. We focus on whether M&A results in a change in internal allocation of resources at the segment and firm level. We also investigate whether there is a change in firms' value following...