20.500.12556/DKUM-19972 MANAGEMENTSKI VIDIKI PREVZEMOV PODJETIJ MANAGERIAL ASPECTS OF ACQUISITIONS Managerski prevzemi v svetu čedalje dobivajo večjo veljavo. Vse več je odločitev za takšne vrste prevzemov. Slovensko gospodarstvo, ob njem pa tudi javnost, vedno več pozornosti namenja managerskim prevzemom in njihovih učinkih po končanem procesu. Proces prevzema, tako managerskega kot tudi kateregakoli drugega, je kompleksen in dolgotrajen proces, kateri potrebuje veliko zavzetosti, strokovno podkovanega osebja in zaneslivosti, da bi bil izveden tako kot bi moral. Prevzemi se pojavljajo v različnih oblikah, vsak izmed njih je lahko financiran iz drugačnih virov, gre pa pri vseh za dokaj podoben proces. Podjetje prevzame ciljno podjetje s tem da pridobi večinski delež ali pa ga prevzame v celoti, to pomeni da podjetje tarča preneha obstajati, prevzemno podjetje pa prevzame celotno poslovanje s sredstvi in dolgovi ciljnega podjetja. Financiranje prevzemov je lahko različno, managerski prevzemi so prevzemi z zadolžitvijo in se financirajo s pridobljenimi krediti, z zastavo podjetja ali pa z osebno lastnino managerjev. Tudi motivi se razlikujejo od enega do drugega prevzema. Za najpogostejše motive se štejejo ekonomija obsega, konkurenčnost, doseganje sinergij in pa osebni motivi. Vedno bolj se pojavlja tematika v medijih, saj se pojavlja vedno več prevzemov, vedno več ljudi se zanima za odkupe, ljudje pa vedno bolj spoznavajo področje. Veliko je ljudi kateri imajo negativno mnenje o prevzemih, se pa pojavljajo tudi tisti kateri jim stopajo v bran, zaradi dolgoletnih izkušenj in pa zaradi strokovno podkovanega ozadja. V medijih se pogosto pojavljajo samo negativne stvari, nihče pa ne omenja dobre plati vseh izvedenih prevzemov in nihče ne omenja stanja kakršno je bilo v prevzetem podjetju pred prevzemom. Managerial acquisitions have been steadily growing important in today’s world. There are more and more decisions for such acquisitions. Slovenian economy and our public devote much attention to managerial acquisitions and their implications once the process has been completed. The process of an either managerial or any other acquisition is complex and lasting and needs devotion, professional staff in reliability in order to be executed as it should be. Acquisitions appear in various forms and they may all be financed by different sources, but the process always only slightly differs. A company assumes the target by acquiring a majority share or taking over as a whole, which means seizure of existence for the target company and complete overtake of business for the acquirer, including all the assets and debts. Acquisitions financing may vary; managerial acquisitions are acquisitions by indebtment and they finance themselves with acquired credits, company pawning or by managers’ personal property. Motives differ as well. Economies of scale, competitiveness, synergy achievement and personal motives are found among the most frequent. The more the issue is present in the media as a result of growing numbers of acquisitions, the more people, who begin to understand the field, are interested in buyoffs. There are many whose opinion on takeovers is negative. Nonetheless, others defend them as a result of years of experience and professional knowledge. Media present negative sides, but no one is mentioning the positive sides of all the completed takeovers. Furthermore, no one mentions the state these companies were in before the takeover. prevzem odkup managerski prevzem prevzem z zadolžitvijo MBO LBO vmesni dolg financiranje prevzemov izvedba prevzemov acquisition takeover buy-out management/managerial buy-out leveraged buy-out MBO LBO Mezzanine debt financing scquisitions implementation true true false [M. Polanec] Slovenski jezik Angleški jezik Delo diplomskega seminarja/zaključno seminarsko delo/naloga 2011-09-05 16:35:53 2011-11-28 13:38:24 2022-04-13 15:47:43 2023-12-26 03:24:50 2011 0 Maribor 0 0000-00-00 NiDoloceno NiDoloceno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 005.5 10865436 URN:SI:UM:DK:MVFQWHOS UNI_Polanec_Mihaela_2011.pdf UNI_Polanec_Mihaela_2011.pdf 1 42BA78A06AD493C2E8420B20733248F5 1d11283583344d3269fd94fb15a3825a3d7a397b302612e6750b5546d1d26295 81de566e-7c05-11eb-bb7a-00155d0001ca 20.500.12556/dkum/59cdf5a4-fa3c-40c3-9f05-7d1d493d009d https://dk.um.si/Dokument.php?lang=slv&id=24463 Ekonomsko-poslovna fakulteta 0 0 0