dc.rights.license | CC-BY-NC-ND | |
dc.contributor.advisor | Han, Yunhui | |
dc.contributor.author | Yovela Athalia Natama Martowidjojo, Yovela | |
dc.date.accessioned | 2023-09-06T10:02:06Z | |
dc.date.available | 2023-09-06T10:02:06Z | |
dc.date.issued | 2023 | |
dc.identifier.uri | https://studenttheses.uu.nl/handle/20.500.12932/45015 | |
dc.description.abstract | This research examines the effects of ESG-influenced mergers and acquisitions (M&A) deals in the United States from 2016-2020. This paper provided a start-to-end overview of ESG-influenced M&A deals by determining the type of acquirer that conduct ESG-influenced M&A deals, the investors reaction towards the deals, and finally the post-merger ESG effects of the deals. The result shows that high acquirers are more likely to conduct ESG-influenced M&A deals, however low acquirers receive a better reaction from investors which supports that they have signalled their sustainability efforts and low acquirers have an increase in post-merger ESG performance, disproving the greenwashing theory and supporting the legitimacy theory. | |
dc.description.sponsorship | Utrecht University | |
dc.language.iso | EN | |
dc.subject | A holistic overview of ESG-influenced mergers and acquisitions by looking at periods before, during, and after the ESG-influenced mergers & acquisitions. | |
dc.title | Investigating ESG-influenced Mergers and Acquisitions | |
dc.type.content | Master Thesis | |
dc.rights.accessrights | Open Access | |
dc.subject.keywords | ESG; sustainability; mergers and acquisitions; United States; event study; panel data | |
dc.subject.courseuu | Sustainable Finance and Investments | |
dc.thesis.id | 23707 | |