A number of recent hostile takeover attempts in The Netherlands have triggered the discussion in the Netherlands on the circumstances under which protection of the target company against a hostile takeover should be justified or not be justified. To answer this question, 21 experts involved in mergers …

As I chose to do Lycar track 1, I have the opportunity to write my thesis for my internship company. I am currently working as Assistant to the CFO at Quantum Capital Partners (QCP), a private equity company, based in Munich, Germany, which is specialized in special case mergers & acquisitions. Due …

The objective of this study is to shed light on the added value of the advisors in SME mergers or acquisitions: accountants, business brokers, tax consultants and lawyers. Theory is inconclusive on the added value of advisory services and research is rare. RBV predicts direct advantages for using advisory …

Much research has been done on mergers and acquisitions, their implementation and impact. However, there still are questions to ask, especially when looking at specific industries or departments. For that reason, the objective of this report is to provide a methodology that helps planning departments …

This article provides an introduction to the topic of multinational management. Multinational management employs a set of principles, theories and models, forming a systematic framework for managing organizations in a global context. This introduction will provide an embarkation point so as to demystify …

The objective of this study is to shed light on the added value of the services of five disciplines in M&A advisory in the SME domain: accountants, bankers, business brokers, fiscalists and lawyers. Theory is inconclusive in the added value of advisory services and research on the subject is hardly …

Paper presented at the RENT XXV conference. The point of this paper is to improve our understanding on the added value of M&A advisors in SMEs, an important segment of the economy and merger industry. To predict the added value of professional advice we contrast two theories: the agency theory and the …

The world of student associations, is not all what it seems to be. Here, like in the corporate boardroom, we find a world of personal ambition that drive unproductive acquisitions and other unwanted managerial behavior. Agency problems as studied by Jensen & Meckling (1976) and eloquently summarized …