Desempeño financiero posterior de fusiones y adquisiciones de empresas públicas mexicanas (

Translated title of the contribution: Financial performance after mergers and acquisitions of mexican public companies

Viviana Lambretón Torres, Judith Villarreal Escamilla, Ezequiel D Montemayor Garza, Juan Pablo Lechuga Elizondo, Laura Quiroga Galindo

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Abstract

Mergers and acquisitions have become a common strategy for business growth and consolidation, however, it has been found that in most cases this objective is not achieved since there is a lack of knowledge of the factors that affect post M&A performance. This study aims to measure the change in financial metrics after 24 mergers and acquisitions in Mexico during 2013 and 2014. The Wilcoxon test is used to determine the significance of the change in subsequent performance. The results obtained show, in most of the financial ratios analyzed, a negative impact on subsequent financial performance and value creation. A robust regression model was used in order to identify some of the factors that cause their success or failure. An analysis of these factors could help to understand and implement corrective measures to achieve successful planning and implementation
Translated title of the contributionFinancial performance after mergers and acquisitions of mexican public companies
Original languageSpanish
Pages (from-to)145-168
Number of pages24
JournalInnovaciones de Negocios
Volume17
Issue number34
Publication statusPublished - 22 Apr 2020

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