EFFECT OF ACQUISITIONS ON TARGET FIRMS’ FINANCIAL CONSTRAINTS

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

GOODARZI ARASH; TEHRANI REZA

Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF ACCOUNTING KNOWLEDGE Year:2017 | Volume:7 | Issue:27 Page(s): 83-108

Download Full-Text

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Persian Verion

View:

1,103

Download:

Cites:

Information Journal Paper

Title

EFFECT OF ACQUISITIONS ON TARGET FIRMS’ FINANCIAL CONSTRAINTS

Author(s)

GOODARZI ARASH | TEHRANI REZA | Issue Writer Certificate

Keywords

ACQUISITIONQ2

FINANCIAL CONSTRAINTQ1

CASH FLOWQ2

INVESTMENTQ2

CAPITAL AND MONEY MARKETQ2

Abstract

A reason for ACQUISITIONs is that target firms, prior to being acquired, are financially constrained, and that the firms often finance their INVESTMENTs by internal resources. But, after ACQUISITION, the constraints reduce and access to financial resources increases. This study developed a panel data regression model, using a sample of firms acquired by other firms, listed in the Tehran Stock Exchange in the years 1384 to 1393. The findings showed that the level of cash that target firms hold, and the sensitivity of cash to CASH FLOW, as well as the sensitivity of INVESTMENT to CASH FLOW after ACQUISITION decline, while INVESTMENT increases. Thus ACQUISITIONs relieve problems on FINANCIAL CONSTRAINTs in the target firms so that they may make INVESTMENT decisions by reliance on access to both the external and internal financial resources.

Cites

No record.

References

No record.

Cite

APA: Copy

GOODARZI, ARASH, & TEHRANI, REZA. (2017). EFFECT OF ACQUISITIONS ON TARGET FIRMS’ FINANCIAL CONSTRAINTS. JOURNAL OF ACCOUNTING KNOWLEDGE, 7(27), 83-108. SID. https://sid.ir/paper/163333/en

Vancouver: Copy

GOODARZI ARASH, TEHRANI REZA. EFFECT OF ACQUISITIONS ON TARGET FIRMS’ FINANCIAL CONSTRAINTS. JOURNAL OF ACCOUNTING KNOWLEDGE[Internet]. 2017;7(27):83-108. Available from: https://sid.ir/paper/163333/en

IEEE: Copy

ARASH GOODARZI, and REZA TEHRANI, “EFFECT OF ACQUISITIONS ON TARGET FIRMS’ FINANCIAL CONSTRAINTS,” JOURNAL OF ACCOUNTING KNOWLEDGE, vol. 7, no. 27, pp. 83–108, 2017, [Online]. Available: https://sid.ir/paper/163333/en

Related Journal Papers