The Impact of the Merger Transaction as Acquisition on Governance and the Performance Payment : Case of the Tunisian Society of Banks and of Attijari Bank

Yosra Elhaj Ali

Authors

Yosra Elhaj Ali

Keywords:

governance, performance, the transaction of merger and acquisition

Abstract

Summarizes-This article discusses the influence of the transaction of merger and acquisition on the performance and on the internal governance. We are going to put the light on the transaction of merger and acquisition, governance and the performance. Then, we will analyze the effects of the transaction of merger on the performance of the two Tunisian banks; Attijari Bank and Tunisian society of banks. And in order to measure the impact of the transaction of merger and acquisition on the two banks we appeal to analysis by ratios and analysis by the test of equality of hopes: two observations of different variances.

Downloads

How to Cite

The Impact of the Merger Transaction as Acquisition on Governance and the Performance Payment : Case of the Tunisian Society of Banks and of Attijari Bank. (2016). Global Journal of Management and Business Research, 16(18), 1-15. https://journalofbusiness.org/index.php/GJMBR/article/view/

Download Citation

References

Aboiron J, Frichet E (2008) Fusion/ acquisition: What problems of the Management.

Bologna Mr, Ch, C. Bruneel Mr, A. brown, N. Zerriatte (2011) human factor and success of mergers and acquisitions: what roles and contribution of the HR function?.

H. Book (1999) the control of management.

G. Bousllama (2008) mergers-acquisitions of banking and decentralization of decision rights toward the responsible of business SME.

Michael Bradley, Anand Desai, E. Kim (1988) Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms. 21(1), 3-40. https://doi.org/10.1016/0304-405x(88)90030-x

Mr Bragg, Steven (2008) Mergers & Acquisitions has condensed practitioner's.

Bunel Mr, Duhautois R, Gonzalez L (2008) The consequences of mergers and acquisitions on the management of the workforce: An Empirical Analysis on the French data for the wave to the end of the 1990s.

Laurence Capron (1999) The long-term performance of horizontal acquisitions. 20(11), 987-1018. https://doi.org/10.1002/(sici)1097-0266(199911)20:11

Charreaux G (1996) Toward a theory of government enterprises. 1-56.

S. Chatterje (1986) Types of synergy and economic value: The impact of acquisitions on merging and rival firms. 7(2), 119-139. https://doi.org/10.1002/smj.4250070203

Habeck Mr, F. Kroger, M. Tram (2001) After the merger, 7 keys for successful integration.

L. Hartmann, R. Geismar (2003) the challenges of integration.

M. Hugo (2000) mergers of Canadian banks: Risk and reactions of market. 5.

Louizi Gh (2006) Impact of the Board of Directors on the performance of the Tunisian banks.

J. Mucchielli, P. Kohler (2000) The Determinants and consequences of mergers and acquisitions. 6-19.

J. Mulherin, A. Boone (2000) Comparing acquisitions and divestitures.

P. Navatte, Schier G (2010) The wave of mergers - acquisitions of the 1990s in the United States: A reading of the results using the theory of the Agency. 204, 53-67.

F. Sachwald (2001) Mergers and acquisitions, instruments of the creative destruction.

Sargis Roussel, C. (2004) fusion of business: the challenges of the knowledge integration, French Review Management. 149, 85-99.

Andrei Shleifer, Robert Vishny (1986) Large Shareholders and Corporate Control. 94(3, Part 1), 461-488. https://doi.org/10.1086/261385

S. Srairi (2003) The determinants of the development strategies of the private groups Tunisians. 1-28.

Steiner P (1975) Mergers: Motives, Effects, Policies.

S. Sudarsanam, A. Mahate (2003) Glamour Acquirers, Method of Payment and Post‐acquisition Performance: The UK Evidence. 30, 299-341.

Michael Weisbach (1988) Outside directors and CEO turnover. 20, 431-460. https://doi.org/10.1016/0304-405x(88)90053-0

Ngaire Woods (2000) The Challenge of Good Governance for the IMF and the World Bank Themselves. 28(5), 823-841. https://doi.org/10.1016/s0305-750x(99)00156-4

David Yermack (1996) Higher market valuation of companies with a small board of directors. 40(2), 185-211. https://doi.org/10.1016/0304-405x(95)00844-5

H. Zangh (1995) Wealth effects of US bank takeovers. 5(5), 329-336. https://doi.org/10.1080/758522760

R. Zeckhauser, J. Pound (1990) In Hubbard, R. G (ed.), are large shareholders effective monitors? An investigation of share ownership and corporate performance. 149-180.

Luigi Zingales (2000) In Search of New Foundations. LV(4), 1623-1653. https://doi.org/10.1111/0022-1082.00262

J. Zwiebel (1996) Dynamic Capital Structure sous managerial entrenchment. 1197-1215.