Cross-border Mergers and Acquisitions

Theory and Empirical Evidence
1. Auflage 2014
ISBN: 978-1-349-47174-4
Verlag: Palgrave Macmillan US

Buch, Englisch, 238 Seiten, Paperback, Format (B × H): 140 mm x 216 mm, Gewicht: 3309 g

Since their explosion in the mid-1990s, mergers and acquisitions (M&As) have turned into a global phenomenon with growing prevalence. A large number of theoretical and empirical studies focus on cross-border deals from several perspectives, such as motives, strategic issues, and performance. Most books treat these studies as specific characteristics of M&As, paying little attention to the distinctive elements that differentiate them from domestic operations. In short, there is now a real need for a fresh review and categorization of cross-border deals.

Cross-Border Mergers and Acquisitions is the first book to provide readers with a complete guide to understanding the main concepts, theories, and results driving cross-border M&As. Morresi and Pezzi present an original framework that ties together the growing body of theoretical and empirical studies on the topic. This work describes the relevance of the phenomenon in terms of its economical, geographical, and historical impact, and analyzes the market- and accounting-based performance of cross-border deals.

Zielgruppe

Research

Autoren/Hrsg.

Pezzi, A.

Morresi, O.

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Unternehmensfinanzierung
• Wirtschaftswissenschaften Betriebswirtschaft Organisationstheorie, Organisationssoziologie, Organisationspsychologie
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Makroökonomie

Inhaltsverzeichnis

Table of contents Chapter 1 – The M&A phenomenon Chapter 2 – Cross-border M&As: theory and strategic process Chapter 3 – Cross-border M&As and performance: empirical evidence Chapter 4 – Cross-border mergers and acquisitions and stock market performance: evidence from medium-sized US and European firms

Über Autor(innen)

Ottorino Morresi is Assistant Professor of Finance at the University of Roma Tre, Italy. He has written and published several academic articles on corporate finance, corporate governance, and capital market issues.

Alberto Pezzi is Assistant Professor of Strategic Management at the University of Roma Tre, Italy. He has written several monographs and academic articles on strategic management process and corporate governance.