The Impact of Corporate Mergers on Greek Firms: Strategic Issues and Accounting Effects
(Pages 1904-1910)Pazarskis Michail1,*, Kourtesi Sofia2, Chasiotou Aikaterini3 and Konstantinidis Christos4
1Associate Professor, Department of Economics, International Hellenic University, Greece.
2Adjunct Assistant Professor, Department of Economics, International Hellenic University, Greece.
3PhD Candidate, Department of Business Administration, International Hellenic University, Greece.
4Assistant Professor, Department of Business Administration, International Hellenic University, Greece.
DOI: https://doi.org/10.55365/1923.x2023.21.205
Abstract:
The purpose of the paper is to investigate the utility of mergers in the business world. Based on this, this paper analyzes the mergers of all Greek companies listed on the Athens Stock Exchange during the years 2017-2019. The analysis of mergers in the Greek market is done using various accounting measures and ratios calculated for the companies in our sample. The results showed important conclusions regarding the strategic choice of the companies involved in mergers in the period in question in Greece.
Keywords:
Mergers, accounting performance, accounting ratios, accounting measures, Greece.
JEL classification:
D21, G34, M40.
How to Cite:
Pazarskis Michail, Kourtesi Sofia, Chasiotou Aikaterini and Konstantinidis Christos. The Impact of Corporate Mergers on Greek Firms: Strategic Issues and Accounting Effects. [ref]: vol.21.2023. available at: https://refpress.org/ref-vol21-a205/
Licensee REF Press This is an open access article licensed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/3.0/) which permits unrestricted, non-commercial use, distribution and reproduction in any medium, provided the work is properly cited.