{"product_id":"value-creation-within-the-construction-industry","title":"Value Creation within the Construction Industry","description":"Mergers \u0026amp; Acquisitions (M\u0026amp;A) are important strategic business options for corporations. Yet, the understanding of industry-specific drivers of M\u0026amp;A transactions is more than limited. Characterized by highly fragmented markets, cross-company production structures and increasing international business scope, the construction industry represents an attractive field of research to address questions on M\u0026amp;A motives. Based on comprehensively selected datasets and state-of-the-art empirical methods, the study illustrates the motives, the strategy and the effects of M\u0026amp;A transaction within the construction industry. Overall the analyzed M\u0026amp;A transactions tend to lead to an increase of corporate wealth. Important factors for a positive development comprise the peculiarities of the construction industry, the general market conditions and the nature of many takeovers. Still, the M\u0026amp;A transactions may also cause significant value destruction and may even lead to a failure of a company if an inappropriate strategy is applied.","brand":"Peter Lang AG","offers":[{"title":"Default Title","offer_id":54248482210136,"sku":"9783631602515","price":33.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9783631602515.jpg?v=1777831228","url":"https:\/\/agendabookshop.com\/products\/value-creation-within-the-construction-industry","provider":"Agenda Bookshop","version":"1.0","type":"link"}