THEORETICAL APPROACHES TO COMPANY VALUATION IN M&A TRANSACTIONS
DOI:
https://doi.org/10.60078/3060-4842-2026-vol3-iss1-pp48-53Abstract
This article examines the scientific and theoretical foundations of company valuation models applied in mergers and acquisitions. The study explores the conceptual premises of value formation under conditions of corporate integration and substantiates the need for a comprehensive valuation approach that incorporates financial, managerial, and institutional factors. The findings contribute to enhancing the methodological robustness of company valuation in M&A processes
Keywords:
company valuation mergers and acquisitions M&A valuation models strategic value corporate finance corporate integrationReferences
Alchian A., Demsetz H. (1972) Production, Information Costs, and Economic Organization // American Economic Review. – Vol. 62. – No. 5. – P. 777–795.
Hart O., Moore J. (1990) Property Rights and the Nature of the Firm // Journal of Political Economy. – Vol. 98. – No. 6. – P. 1119–1158.
Holmström B., Tirole J. (1993) Market Liquidity and Performance Monitoring // Journal of Political Economy. – Vol. 101. – No. 4. – P. 678–709.
Morck R., Shleifer A., Vishny R. (1990) Do Managerial Objectives Drive Bad Acquisitions? // Journal of Finance. – Vol. 45. – No. 1. – P. 31–48.
Nelson R., Winter S. (1982) An Evolutionary Theory of Economic Change. – Cambridge, MA: Harvard University Press, – 454 p.
North D. (1990) Institutions, Institutional Change and Economic Performance. – Cambridge: Cambridge University Press, – 152 p.
Shleifer A., Vishny R. (1997) A Survey of Corporate Governance // Journal of Finance. – Vol. 52. – No. 2. – P. 737–783.
Wernerfelt B. (1984) A Resource-Based View of the Firm // Strategic Management Journal. – Vol. 5. – No. 2. – P. 171–180.
Downloads
Published
How to Cite
Issue
Section
License

This work is licensed under a Creative Commons Attribution 4.0 International License.





