Cross-border mergers and acquisitions
Subtitle: theory and empirical evidence
By: Ottorino Morresi and Alberto Pezzi
Contributors: Pezzi, Alberto
Publisher: Palgrave Macmillan
Published: 2014
Place of publication: New York, NY
Language: eng
Number of pages: 238
ISBN-13: 9781137359773
Subjects: Consolidation and merger of corporations; BUSINESS & ECONOMICS / Mergers & Acquisitions; BUSINESS & ECONOMICS / Exports & Imports; BUSINESS & ECONOMICS / Finance; BUSINESS & ECONOMICS / International / General; BUSINESS & ECONOMICS / Economics / Theory
Description: "Since their explosion in the mid-1990s, mergers and acquisitions (MAs) have turned into a global phenomenon with a growing amount of cross-border deals. 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 a specific characteristic of MAs, paying little attention to the large number of distinctive elements that differentiate them from domestic operations. In short, there has become a real need to review and categorize cross-border deals as if they were a new type of MA.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 MAs. 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-based and accounting-based performance of cross-border deals. Also included is an empirical examination of European cross-border MAs performed by small- and medium-sized enterprises"--

"The book describes the relevance of cross-border mergers and acquisitions (M&As) in terms of economical, geographical, and historical impact and provides the reader with a complete guide to understanding the main concepts, theories, and empirical results of cross-border M&As"--
Notes: Includes bibliographical references and index.
Table of contents: title: Machine generated contents note:; title: Table of contents; title: Chapter 1 - The M&A phenomenon; title: Chapter 2 - Cross-border M&As: theory and strategic process; title: Chapter 3 - Cross-border M&As and performance: empirical evidence; title: Chapter 4 - Cross-border mergers and acquisitions and stock market performance: evidence from medium-sized US and European firms.