Impact of Indebtedness on the Company Performance: Comparison of Merged and Non-Merged Companies
Authors | |
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Year of publication | 2019 |
Type | Article in Proceedings |
Conference | Proceedings of the 16th International Scientific Conference European Financial Systems 2019 |
MU Faculty or unit | |
Citation | |
web | https://is.muni.cz/do/econ/sborniky/2019/Proceedings_final.pdf |
Keywords | Merger; indebtedness; statistics; influence; company performance |
Description | The object of the study is the influence of the merger on company performance. Company performance might be measured by various indicators, such as profitability, various forms of the company profit, liquidity, etc. In this paper, we have taken into account another possibility of how the company performance might be evaluated – indebtedness. The goal of the study is to verify whether there is a relationship between the company performance of companies that merged and those which did not merge. The dataset consists of 276 merged companies and 234 companies that did not merge. Concerning methodology, the test is based on non-parametric tests, particularly Wilcoxon Matched Pairs Test and Sign Test. |
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