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Steve Coll's Private Empire is winner of the FT/GOLDMAN SACHS BUSINESS BOOK OF THE YEAR AWARD 2012. In this prize-winning book, the author of Ghost Wars and The Bin Ladens investigates the notoriously mysterious ExxonMobil Corporation and the secrets of the oil industry In many of the nations where it operates, ExxonMobil has a greater sway than that of the US embassy, its annual revenues are larger than the total economic activity in most countries and in Washington it spends more on lobbying than any other corporation. Yet despite its outsized influence, it is to outsiders a black box. Private Empire begins with the Exxon Valdez accident in 1989 and closes with the Deepwater Horizon oil sp...
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This book highlights research-based case studies in order to analyze the wealth created in the world’s largest mergers and acquisitions (M&A). This book encourages cross fertilization in theory building and applied research by examining the links between M&A and wealth creation. Each chapter covers a specific case and offers a focused clinical examination of the entire lifecycle of M&A for each mega deal, exploring all aspects of the process. The success of M&A are analyzed through two main research approaches: event studies and financial performance analyses. The event studies examine the abnormal returns to the shareholders in the period surrounding the merger announcement. The financial...