أثر الاندماج على أسعار أسهم الشركات المندمجة في السوق المالي

Abstract EN

This study assured the impact between the acquiring company and the target company on the market stock price, and pointed out the effects of the rumor on the price.

The study sample declared that the demand and the supply forces are not the only factors in determining the stock price.

And the results of the field survey indicated that merger with weak companies will lead to a strong decrease in the stock price.

The recommendation of the study for the security commission, is to perform an actual controlling role on the companies who tend to acquire other company, through obligation rules that oblige these companies to disclosure about the merger process, with tough laws to eliminate the rumor promotion.