Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics (Apr 2012)
Analysis of the Behavior Mergermarket in the Conditions the Financial Crisis
Abstract
This paper presents the first results of a research project which has the aims to identify the problems appearing during the preparation of mergers in compliance with valid Czech regulations and to analyze economic causes and consequences of mergers. At the first stage it was necessary to compile a basic dataset in a structure needed for a statistical analysis. The aim of the study is to explore, both theoretically and empirically, the effect of the financial crisis on the activity of company mergers in the conditions of the Czech economy. The temporal range of the study is the last 10 years, i.e. 2001–2010, when two financial crises occurred. The results of the analysis pointed out two main factors affecting the activities in the area of company mergers which took place during the last decade. At the next stage of the study, the research methodology will concentrate on the assessment of the economic efficiency of implemented mergers.