The Analysis of the Influential Factors of the Absorbing Companies’ Performances

The mergers are important transactions, not only for the organisations involved but also for many interested parties. The success or the failure of this kind of operations can have significant consequences for the shareholders of an organisation and also for the creditors, employees, competitors and community. The empirical evidence indicate a high failure rate of the mergers in terms of rendering value for the shareholders. Our study has as a goal the analysis of the mergers’ impact on the companies’ performances from Romania, studying the performance considering the cost effectiveness of the equity (ROE) and the most powerful influence on this is that of the financial leverage.