In this article peculiarities of existing approaches to the assessment of the results of corporate mergers and acquisitions are investigated, advantages and disadvantages of their application in the banking sector are identified, the algorithm of synergy effect from the merger of banks is substantiated, main sources of growth in the value of the corporation as a result of mergers(acquisitions) are discovered.
Keywords: corporate mergers and acquisitions; fair value; synergy effect; income approach; value assessment of the bank.
- Official site of the analytical agency MergerMarket [Еlectronic source]. – Access mode: www.mergermarket.com.
- Horvath J.L. Valuing Professional Practices [Text] / J.L. Horvath. – Ontario: CCH International, 1990. – 348 p.
- Statement of Financial Accounting Standards No. 157. Fair Value Measurements / by Financial Accounting Standards Board [Еlectronic source]. – Access mode: http://www.fasb.org/cs/BlobServer?blobkey=id&blobnocache=true&blobwhere= 1175823288587&blobheader=application%2Fpdf&blobcol= urldata&blobtable=MungoBlobs.
- Ross S. Fundamentals of corporate finance. 9. ed., standard ed. Boston [Text] / Ross, Stephen A., Bradford D. Jor- dan.: McGraw-Hill Irwin, 2010.
- Mergers, Acquisitions and Corporate Restructuring [Text] // edited by Chandrashekar Krishnamurti, Vishwanath S.R. – Los-Angeles; London: Response Books, 2008. – 412 p.
- Weston J.F. Mergers & Acquisitions [Text] / J.F. Weston, S.C. Weaver. – New York: McGraw-Hill, 2001. – 265 p.
- Nikonova I. Strategy and value of commercial bank [Text] / I.А. Nikonova, R.N.Shamgunov. – М.: Аlpina Business Books. – 2007. – 304 p. – rus.
- Lagutina K. The Financial Mechanism of Corporate Mergers and Aqcuisitions in Ukraine: the thesis for the Candidate Degree in Economics: Specialty 08.00.08 – Money, Finance and Credit / K.V.Lagutina; Taras Shevchenko National Univer- sity of Kyiv. – Kyiv, 2013. – 20 p. – ukr.
- Coyle B. Mergers and Acquisitions [Text] / B. Coyle. – NY: American Management Association, 2000. – 256 p.