Η επίδραση της αναδιάρθρωσης της επιχείρησης στα αποτελέσματά της: η περίπτωση της COSMOTE

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Keywords
Συγχωνεύσεις ; Εξαγορές ; Χρηματοοικονομική ανάλυση ; ΟΤΕ ; COSMOTE ; Εταιρική αναδιάρθρωσηAbstract
Initially, reference is made to corporate restructuring and its main forms, with particular reference to Mergers and Acquisitions as this form concerns the case that has been studied. The following part describes the incentives that lead companies to take the decision to restructure through Mergers and Acquisitions, as well as the main advantages and disadvantages of this decision. Immediately after, a historical review of the companies OTE and COSMOTE takes place and their organizational direction is presented, as well as that of the Merged company. In the last part, an analysis is made of the financial statements of OTE and COSMOTE for the period 2014-2016, as well as for the company that emerged after the merger for the period 2017-2019. A large number of indicators are used for the analysis, which include indicators of profitability, profit margin, liquidity, traffic speed, loan burden, property consolidation and interest coverage. Finally, the conclusions that emerged from the analysis of the financial statements are presented and the choice of the merger of the two companies is evaluated.