Abstract
The incidence of cross-border mergers and acquisitions (CBM&As) has accelerated over the past two decades. Yet previous empirical work relating to CBM&As has been confined to firm-specific factors. This is against the backdrop that researchers have not been able to develop a coherent theory explaining the increasing trends of CBM&As activity. Building on prior studies, this study attempts to extend the few existing studies by using a simple empirical nonlinear framework to analyse the number of CBM&As inflows between 1987 and 2008 into the U.K. from a macroeconomic perspective.
Original language | English |
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Pages (from-to) | 91-113 |
Number of pages | 23 |
Journal | Journal of International Financial Management and Accounting |
Volume | 22 |
Issue number | 2 |
DOIs | |
Publication status | Published - 2011 |
Keywords
- mergers and acquisitions
- macroeconomics