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Brand in mergers and acquisitions an analysis of South African due diligence

Dissertation (MBA)--University of Pretoria, 2010.

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Other Authors: Goldman, Michael
Format: Thesis
Published: University of Pretoria 2013
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access_status_str Open Access
author2 Goldman, Michael
author_browse Goldman, Michael
author_facet Goldman, Michael
collection Thesis
dc_rights_str_mv © 2007 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria
description Dissertation (MBA)--University of Pretoria, 2010.
format Thesis
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institution University of Pretoria (South Africa)
last_indexed 2026-06-10T12:37:50.174Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2013
publishDateRange 2013
publishDateSort 2013
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/23345 Brand in mergers and acquisitions an analysis of South African due diligence Goldman, Michael carl@mahindra.co.za Bezuidenhout, Carl UCTD Mergers and acquisitions (M&A) Dissertation (MBA)--University of Pretoria, 2010. This study explores the extent to which brand features in the due diligence process preceding mergers and acquisitions. Current literature suggests that when brand elements are integrated efficiently, success levels of the merge improve. Brand is considered broadly with the focus on corporate branding and therefore incorporates elements of imagery, reputation, culture, employees and external stakeholders. Brand equity, which comprises the assets and liabilities of the brand is seen as a source of competitive advantage. As such brand is a critical element which could certainly be incorporated formally into the pre-deal due diligence process. The research questions are to: Investigate and explore to what extent the concept of brand is considered in M&A due diligence in the South African context. Evaluate and explain the differing roles that the selected corporate advisors put forward in the M&A market regarding brand in South Africa. Investigate how M&A practitioners are operating in terms of IFRS 3 legislation which requires transparency in disclosure of intangible assets following a merge. The findings reveal that corporate advisors generally do not incorporate brand elements in the due diligence process. Their focus remains predominantly financial in assessing the cash-flows implicit of the brand in their analysis.A typology of the services and roles of corporate advisors is developed in terms of their approach to M&A consulting. Reporting in terms of intangible assets required by IFRS 3 convention is investigated and the findings confirm that transparency of valuation is not adequately revealed. Recommendations to the stakeholders involved in M&A include the incorporation of a formal marketing due diligence process to improve disclosure levels, to gain a deeper insight into marketing drivers of cash-flow, to gain a better understanding of inherent marketing risks and to improve valuation practice. Gordon Institute of Business Science (GIBS) unrestricted 2013-09-06T15:08:10Z 2010-06-15 2013-09-06T15:08:10Z 2008-04-01 2010-06-15 2010-03-20 Dissertation Bezuidenhout, C 2007, Brand in mergers and acquisitions – an analysis of South African due diligence, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/23345 > G10/120/ag http://hdl.handle.net/2263/23345 http://upetd.up.ac.za/thesis/available/etd-03202010-173014/ © 2007 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria application/pdf University of Pretoria
spellingShingle UCTD
Mergers and acquisitions (M&A)
Brand in mergers and acquisitions an analysis of South African due diligence
title Brand in mergers and acquisitions an analysis of South African due diligence
title_full Brand in mergers and acquisitions an analysis of South African due diligence
title_fullStr Brand in mergers and acquisitions an analysis of South African due diligence
title_full_unstemmed Brand in mergers and acquisitions an analysis of South African due diligence
title_short Brand in mergers and acquisitions an analysis of South African due diligence
title_sort brand in mergers and acquisitions an analysis of south african due diligence
topic UCTD
Mergers and acquisitions (M&A)
url http://hdl.handle.net/2263/23345
http://upetd.up.ac.za/thesis/available/etd-03202010-173014/