Abstract
We carry out an in-depth analysis of two mergers and acquisitions (M&A) databases: Securities Data Company M&A (SDC) by Thomson Reuters and Zephyr by Bureau Van Dijk (BvD). Our aim is to assess the quality of their information and their suitability for different types of research questions. Our results suggest that overall, SDC has the edge due to two key shortcomings in Zephyr: the continuous overwriting of firm-level data and inaccuracies in announcement dates. However, our analyses also reveal some weaknesses in SDC and show that for some specific research questions, notably relating to the vendor or to acquisitions involving multiple acquirers and targets, Zephyr seems more suitable than SDC.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
