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This study examines the impact of mergers and acquisitions (M&As) on the post-merger operating performance of merger-involved firms in Greece at domestic and international M&As transactions using accounting data (financial ratios). The post-merger performance of a sample of Greek firms, listed on the Athens Stock Exchange that executed one domestic merger or acquisition in the period from 1998 to 2002 as acquirers, is compared with an equivalent sample of listed firms with similardoi:10.1504/ijtgm.2011.041765 fatcat:gvrizts425cx7d54gj2msed6tu