Skip to main content

Please enter a keyword and click the arrow to search the site

Mergers, acquisitions and control of telecommunications firms in Europe



Publication Year



Evidence is presented on twelve large acquisitions by telecommunications firms in Europe. Although the average effect on acquirers' sharholders value is not significantly differnect from zero, there is high dispersion in the results. This suggests that detailed studies may uncover important aspects of the constraints that exist in the corporate control market of telecommunications firms. A case study of the Spainish firm Telefonica suggest that corporate governance problems and political intervention are significant components of these constraints

Publication Research Centre

Regulation Initiative (closed)

Series Number



Regulation Initiative Working Paper Series

Available on ECCH


Select up to 4 programmes to compare

Select one more to compare
subscribe_image_desktop 5949B9BFE33243D782D1C7A17E3345D0

Sign up to receive our latest news and business thinking direct to your inbox