title: The effects of cross-border acquisitions by Russian companies on their profitability: The comparative analysis of various cases
metadata.name: dc.contributor.advisor
metadata.value: Fedotov, Yuri V.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Karnaukhova, Anna
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Карнаухова, А.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2014-03-24T09:32:38Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2014-03-24T09:32:38Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2011
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/926
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The objective of the given study is to investigate why companies make decisions about cross-border acquisitions that fail to improve their profitability and view this situation in the cases of Russian companies that acquired foreign entities in recent years. The cases selected for the analysis are acquisition of Dr. Scheller Cosmetics by Conrsern Kalina and acquisition of Buhler Industries by Combine Factory Rostselmash The main results of the study are as follows: •	The reasons why companies made decisions about acquisition that actually do not increase their profitability are: wrong valuation of potential benefits or costs associated with achieving these benefits, underestimation/overestimation of the relative importance, non-value creating motives, wrong forecasts of the macroeconomic environment. •	In cases of the two Russian companies, the highest biases in decision-making process are associated with valuation of costs of an acquisition – integration and launch of joint projects. Due to these biases acquirers didn’t manage to estimate sufficiency of their own resources for achieving goals of the acquisition.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: English
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: Master in International Business, Graduate School of Management, Saint Petersburg State University
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: M&As
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Russia
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Consern Kalina
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Rostselmash
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: profitability
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: слияния и поглощения
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Россия
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: концерн Калина
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Ростсельмаш
metadata.lang: -
metadata.name: dc.subject
metadata.value: рентабельность
metadata.lang: -
metadata.name: dc.title
metadata.value: The effects of cross-border acquisitions by Russian companies on their profitability: The comparative analysis of various cases
metadata.lang: en_GB
metadata.name: dc.title.alternative
metadata.value: Влияние международных сделок слияний и поглощений, совершенных российскими компаниями, на их прибыльность: сравнительный анализ кейсов
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Thesis
metadata.lang: en_GB
resources.filename: Karnaukhova_Advisor's Reference.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/926/1/Karnaukhova_Advisor%27s%20Reference.pdf
resources.format: Adobe PDF
resources.size: 87,34 kB
resources.filename: Karnaukhova_Referee's Review.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/926/2/Karnaukhova_Referee%27s%20Review.pdf
resources.format: Adobe PDF
resources.size: 90,79 kB
resources.filename: Effects of cross-border acquisitions by Russian companies on their profitability_ comparative analysis of various cases [master's thesis MIB] – ВШМ СПбГУ – Vivaldi.html
resources.url: https://dspace.spbu.ru/bitstream/11701/926/6/Effects%20of%20cross-border%20acquisitions%20by%20Russian%20companies%20on%20their%20profitability_%20comparative%20analysis%20of%20various%20cases%20%5bmaster%27s%20thesis%20MIB%5d%20%e2%80%93%20%d0%92%d0%a8%d0%9c%20%d0%a1%d0%9f%d0%b1%d0%93%d0%a3%20%e2%80%93%20Vivaldi.html
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