Diaz, B. and Sanfilippo, A.S. (2009) Determinants of Premiums Paid in European Banking Mergers and Acquisitions. Social Science Electronic Publishing, 1, 358-380.
https://doi.org/10.1504/IJBAAF.2009.023150

has been cited by the following article:

• TITLE: The Review of Factors Affecting Merger Premium

  AUTHORS: Chengcheng Zhang

  KEYWORDS: M&A Premium, Information Asymmetry, Principal-Agent Theory

  JOURNAL NAME: Journal of Service Science and Management, Vol.12 No.2, February 25, 2019

  ABSTRACT: As mergers and acquisitions (M&A) become more and more frequent around the world, the phenomenon of the extreme premium in mergers and acquisitions has begun to expose to the public and attract the widespread attention of scholars. In particular, in recent years, Chinese enterprises have been extremely overpriced in mergers and acquisitions. Based on this, the paper reviews the literature about the determinants of M&A premium and the related theories from three aspects: macro environment factors, business factors and management factors. Finally, the shortcomings of the existing research are analyzed and the prospect of the future research is put forward.