{"id":"https://openalex.org/W1904488062","doi":null,"title":"Value creation through mergers and acquisitions \u2013 A study on the Swedish market","display_name":"Value creation through mergers and acquisitions \u2013 A study on the Swedish market","publication_year":2009,"publication_date":"2009-01-01","ids":{"openalex":"https://openalex.org/W1904488062","mag":"1904488062"},"language":"en","primary_location":{"id":"pmh:oai:lup-student-papers.lub.lu.se:1437320","doi":null,"is_oa":true,"landing_page_url":"http://lup.lub.lu.se/student-papers/record/1437320","pdf_url":"http://lup.lub.lu.se/student-papers/record/1437320","source":{"id":"https://openalex.org/S4306402420","display_name":"Lund University Publications Student Papers (Lund University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I187531555","host_organization_name":"Lund University","host_organization_lineage":["https://openalex.org/I187531555"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"H1"},"volume":null,"type":"dissertation","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://lup.lub.lu.se/student-papers/record/1437320","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5029322679","display_name":"Daniel Ekholm","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Daniel Ekholm","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":null,"display_name":"Petter Svensson","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Petter Svensson","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9945999979972839,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9945999979972839,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.0027000000700354576,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.0013000000035390258,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/mergers-and-acquisitions","display_name":"mergers and acquisitions","score":1.0},{"id":"https://openalex.org/keywords/value-creation","display_name":"value creation","score":0.9860000014305115},{"id":"https://openalex.org/keywords/abnormal-returns","display_name":"abnormal returns","score":0.9860000014305115},{"id":"https://openalex.org/keywords/post-merger-performance","display_name":"post-merger performance","score":0.753000020980835}],"concepts":[{"id":"https://openalex.org/C548217281","wikidata":"https://www.wikidata.org/wiki/Q731112","display_name":"Mergers and acquisitions","level":2,"score":0.8771824240684509},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.6235725283622742},{"id":"https://openalex.org/C2986652750","wikidata":"https://www.wikidata.org/wiki/Q11700776","display_name":"Value creation","level":2,"score":0.595087468624115},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.574424147605896},{"id":"https://openalex.org/C202552767","wikidata":"https://www.wikidata.org/wiki/Q1901350","display_name":"Market value","level":2,"score":0.4811447858810425},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.40347135066986084},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3612961173057556},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.33777928352355957},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.259014368057251},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.18209651112556458},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.17113018035888672},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.1171640157699585}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:lup-student-papers.lub.lu.se:1437320","doi":null,"is_oa":true,"landing_page_url":"http://lup.lub.lu.se/student-papers/record/1437320","pdf_url":"http://lup.lub.lu.se/student-papers/record/1437320","source":{"id":"https://openalex.org/S4306402420","display_name":"Lund University Publications Student Papers (Lund University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I187531555","host_organization_name":"Lund University","host_organization_lineage":["https://openalex.org/I187531555"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"H1"},{"id":"mag:1904488062","doi":null,"is_oa":false,"landing_page_url":"https://lup.lub.lu.se/luur/download?func=downloadFile&recordOId=1437320&fileOId=2435554","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":{"id":"pmh:oai:lup-student-papers.lub.lu.se:1437320","doi":null,"is_oa":true,"landing_page_url":"http://lup.lub.lu.se/student-papers/record/1437320","pdf_url":"http://lup.lub.lu.se/student-papers/record/1437320","source":{"id":"https://openalex.org/S4306402420","display_name":"Lund University Publications Student Papers (Lund University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I187531555","host_organization_name":"Lund University","host_organization_lineage":["https://openalex.org/I187531555"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"H1"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W1904488062.pdf","grobid_xml":"https://content.openalex.org/works/W1904488062.grobid-xml"},"referenced_works_count":63,"referenced_works":["https://openalex.org/W89219879","https://openalex.org/W122374037","https://openalex.org/W953353200","https://openalex.org/W1492362433","https://openalex.org/W1503725539","https://openalex.org/W1526670436","https://openalex.org/W1528805599","https://openalex.org/W1583227791","https://openalex.org/W1593622639","https://openalex.org/W1601082683","https://openalex.org/W1966714429","https://openalex.org/W1968212878","https://openalex.org/W1970481289","https://openalex.org/W1971304099","https://openalex.org/W1972195799","https://openalex.org/W1981240627","https://openalex.org/W1994079216","https://openalex.org/W1997433126","https://openalex.org/W2001150156","https://openalex.org/W2004050197","https://openalex.org/W2010997253","https://openalex.org/W2013851460","https://openalex.org/W2015621243","https://openalex.org/W2023006733","https://openalex.org/W2025875426","https://openalex.org/W2034441866","https://openalex.org/W2042061542","https://openalex.org/W2043619364","https://openalex.org/W2046841332","https://openalex.org/W2052347102","https://openalex.org/W2061859805","https://openalex.org/W2068518527","https://openalex.org/W2076367398","https://openalex.org/W2090637028","https://openalex.org/W2099092184","https://openalex.org/W2106145886","https://openalex.org/W2108818539","https://openalex.org/W2128778916","https://openalex.org/W2129976438","https://openalex.org/W2130162792","https://openalex.org/W2131773668","https://openalex.org/W2144756260","https://openalex.org/W2148367770","https://openalex.org/W2154718048","https://openalex.org/W2156109180","https://openalex.org/W2167821110","https://openalex.org/W2170790204","https://openalex.org/W2273208695","https://openalex.org/W2323581845","https://openalex.org/W2752617332","https://openalex.org/W2902987049","https://openalex.org/W3021092167","https://openalex.org/W3121131820","https://openalex.org/W3121451334","https://openalex.org/W3122139004","https://openalex.org/W3122831108","https://openalex.org/W3122954612","https://openalex.org/W3123538495","https://openalex.org/W3123790701","https://openalex.org/W3123914693","https://openalex.org/W3124114405","https://openalex.org/W3125397542","https://openalex.org/W3147181238"],"related_works":["https://openalex.org/W6981214809","https://openalex.org/W1712733418","https://openalex.org/W7047666877","https://openalex.org/W7025512329","https://openalex.org/W1490028762","https://openalex.org/W2975215043","https://openalex.org/W1803780421","https://openalex.org/W3118223098","https://openalex.org/W1503022136","https://openalex.org/W3094308704"],"abstract_inverted_index":{"Mergers":[0],"and":[1,34],"acquisitions":[2],"on":[3,15],"the":[4,31],"Swedish":[5],"market":[6],"1997-2009":[7],"have":[8],"created":[9],"value":[10],"of":[11,44],"approximately":[12],"3.5":[13],"percent":[14],"average":[16],"measured":[17],"as":[18],"abnormal":[19],"returns.":[20],"The":[21],"results":[22],"are":[23],"statistically":[24],"significant.":[25],"No":[26],"significance":[27],"was":[28],"found":[29],"for":[30,42],"explanatory":[32],"regressions":[33],"thus":[35],"we":[36],"can":[37],"not":[38],"find":[39],"any":[40],"guidance":[41],"managers":[43],"when":[45],"it":[46],"is":[47],"preferable":[48],"to":[49],"engage":[50],"in":[51],"M&A":[52],"transactions.":[53]},"counts_by_year":[],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}
