Elif Akben Selçuk
Kadir Has Üniversitesi
Emin Köksal
Bahçeşehir Üniversitesi
Ayşe Altıok Yılmaz
Bahçeşehir Üniversitesi

Published 2016-04-17

How to Cite

Akben Selçuk, E., Köksal, E., & Altıok Yılmaz, A. (2016). THE IMPACT OF MERGER AND ACQUISITION TRANSACTIONS AT THE COMPANY AND INDUSTRY LEVEL. Business &Amp; Management Studies: An International Journal, 4(1), 48–62. https://doi.org/10.15295/bmij.v4i1.132


The objective of this study is to provide a literature review consisting of studies investigating the impact of mergers and acquisition (M&A) transactions at the micro and macro levels. The review has three different parts. In the first part, the focus is on the macro effects of M&A transactions and the impact of these transactions at the industry and market levels as well as their determinants are investigated. The second part comprises studies analyzing the effects of M&A transactions on the financial performance of the acquirer and target companies. In the third and final section, the factors affecting the financial performance changes as a result of M&A transactions are discussed.


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