کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
6950382 1451544 2016 12 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Language as a key factor of long-term value creation in mergers and acquisitions in the telecommunications sector
ترجمه فارسی عنوان
زبان به عنوان عامل کلیدی ایجاد ارزش درازمدت در ادغام و ادغام در بخش ارتباطات راه دور
موضوعات مرتبط
مهندسی و علوم پایه مهندسی کامپیوتر سیستم های اطلاعاتی
چکیده انگلیسی
This article analysed the long-term value creation or destruction in mergers and acquisitions (M&A) in the telecommunications sector and the role of language in these types of operations. After characterising the telecommunications market and discussing and selecting the most suitable long-term methodology, an econometric analysis of telecommunications M&A from 1995 to 2010 was conducted. The research focused on telephone companies or operators as the leading players in the sector. Based on this econometric analysis, we found clear evidence of value destruction (2000-2010) when the sector is analysed as a whole, and we found evidence of value creation when the companies involved use the same language. Different levels of value creation or value destruction were found, depending on the specific language of the operation. This econometric study is the first study devoted to long-term value creation in telecommunications after the liberalisation of the telecommunications market and the first study to quantitatively analyse the role of language in telecommunications M&A.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Telecommunications Policy - Volume 40, Issues 10–11, October 2016, Pages 1052-1063
نویسندگان
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