航空産業における企業の合併と提携に関する研究 A Study on Mergers and Alliances in the Airline Industry

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Author(s)

    • 星野 靖雄 HOSHINO Yasuo
    • 筑波大学大学院システム情報工学研究科 Graduate School of Systems and Information Engineering, University of Tsukuba

Abstract

This paper analyzes the performance of mergers and alliances in the airline industry by using 8 cases of mergers, 12 cases of alliances and 7 cases of non-alliances. By a comparison of 9 financial ratios such as 3 profitability-related ratios and 4 liquidity-related ratios and two sales-related ratios, only the turnover period for sales credit shows improvement after mergers and alliances but the ROA, ROE and net equity ratios deteriorate after alliance. The classification accuracies between before and after merger and alliance are 82% and between alliance and non-alliance are 86% by discriminant analysis.

Journal

  • Japanese Journal of Administrative Science

    Japanese Journal of Administrative Science 17(3), 139-148, 2004

    The Japanese Association of Administrative Science

Codes

  • NII Article ID (NAID)
    110003774664
  • NII NACSIS-CAT ID (NCID)
    AN10281730
  • Text Lang
    UNK
  • ISSN
    0914-5206
  • NDL Article ID
    7267858
  • NDL Source Classification
    ZD25(経済--企業・経営--経営管理)
  • NDL Call No.
    Z4-920
  • Data Source
    NDL  NII-ELS  J-STAGE 
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