Abstract
The aim of this paper is to analyze the relation between the effects of mergers and the profiles at the time of the merger. These profiles consist of the four factors ; the motivating factors behind merger activity, the type of merger strategy, the type of industry about the acquired companies, and the exchange ratio. To construct this model, we consider the category scores of categories and the weights which the items influence the effects of mergers. We formulate the category scores and weights as the parameter to examine the relationship between the effects of mergers and the profiles in the consideration of the evaluation item phase and the time phase in this model. We show the validity of this model through the analysis by using the data of the merger.
