The Effects of Capital Structure of the Company Taking over on the Goodwill or Negative Goodwill Disclosed in the Merging Process

Piotr Luty

Abstract

The purpose of the paper is to examine the dependency between the capital structure of the companies taking over other companies and the goodwill disclosed as a result of the merger. The paper uses the data of the Polish companies merging in the period between 2002-2013. The formulated research hypothesis regarding the existence of a correlation between the D/E (debt to equity) ratio and the value of the company (goodwill) was positively verified for the mergers completed after 2009 (upon the financial crisis manifested in Poland). This study uses linear regression analysis.
Author Piotr Luty (ES / DF)
Piotr Luty,,
- Department of Finance
Pages17-21
Publication size in sheets0.4
Book Stanisic Milovan, Petrovic Zoran, Vicentijevic Kosana, Barjaktarovic Lidija, Nemanja Stanisic (eds.): Contemporary Financial Management : book of proceedings, 2015, Singidunum University, ISBN 9788679126160, 209 p.
Keywords in Englishmergers, acquisition, goodwill, capital structure
DOIDOI:10.15308/finiz-2015-17-21
URL http://finiz.singidunum.ac.rs/portal/wp-content/uploads/sites/3/2015/12/17-21.pdf
Languageen angielski
File
Luty_The_effects_of_capital_structure_2015.pdf 220,85 KB
Score (nominal)0
ScoreMinisterial score = 0.0, 20-08-2019, BookChapterMatConfByConferenceseries
Ministerial score (2013-2016) = 0.0, 20-08-2019, BookChapterMatConfByConferenceseries
Citation count*
Cite
Share Share

Get link to the record


* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
Back