@article{Melia-Marti:114652, recid = {114652}, author = {Melia-Marti, Elena and Martinez-Garcia, Ana and Julia-Igual, Juan F.}, title = {Does post merger financial performance improve after agrifood mergers of cooperatives? An empirican analysis}, address = {2011-09-02}, number = {726-2016-49894}, pages = {15}, month = {Sep}, year = {2011}, abstract = {This study was carried out to characterize the mergers and acquisitions undertaken in the Spanish agrifood sector during the period 1995-2005 and has two objectives. Firstly, it aims to determine the manner in which economic-financial factors influence the type of merger carried out (merger by formation of a new legal person and merger by acquisition), and the role played by cooperatives (acquirer, acquired or cooperative involved in a merger by formation). Secondly, it aims to determine whether these mergers have contributed to reaching any of the objectives they were set out to achieve: improving the economic-financial situation of the companies involved, increasing income and reducing relative costs. The results obtained show that on average, following a merger, there were no statistically significant improvements in the economic-financial indicators studied.}, url = {http://ageconsearch.umn.edu/record/114652}, doi = {https://doi.org/10.22004/ag.econ.114652}, }