The Influence of Mergers and Acquisitions on Competitiveness of Economies of Countries of the World
Today, the most important factor which determines the development of the world economy is economic globalization. The article presents a scheme of the interdependence of the processes that determine competitiveness of the country in the context of globalization: CER.1 – the cause-effect relation ref...
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| Format: | Article |
| Language: | English |
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EDP Sciences
2019-01-01
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| Series: | SHS Web of Conferences |
| Online Access: | https://www.shs-conferences.org/articles/shsconf/pdf/2019/08/shsconf_NTI-UkrSURT2019_06024.pdf |
| _version_ | 1818654801742790656 |
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| author | Khaustova Viktoriia Kolodyazhna Tetyana Kramarev Hennadii |
| author_facet | Khaustova Viktoriia Kolodyazhna Tetyana Kramarev Hennadii |
| author_sort | Khaustova Viktoriia |
| collection | DOAJ |
| description | Today, the most important factor which determines the development of the world economy is economic globalization. The article presents a scheme of the interdependence of the processes that determine competitiveness of the country in the context of globalization: CER.1 – the cause-effect relation reflecting the influence of M&A with the participation of national companies on concentration of a national economy; CER.2 – reflecting the impact of concentration of the national economy on its competitiveness; CER.3 – reflecting the impact of intensity of M&A with the participation of national companies on their capitalization; CER.4 – reflecting the impact of the level of national companies’ capitalization on competitiveness of the country. The article puts forward and proves, based on the confirmation of the above mentioned cause-effect relations, the following hypotheses: 1. – merges and acquisitions with the participation of national companies influence concentration of a national economy which in turn determines the level of its competitiveness; 2. – integration with the participation of national companies through implementation of M&A increases their market capitalization, thereby affecting the level of competitiveness of the country. For simulating, the correlation and regression modeling is used. The statistical base of the study comprises a sample of 42 countries of the world. |
| first_indexed | 2024-12-17T02:59:34Z |
| format | Article |
| id | doaj.art-7846af96e20a4a57b1d1b001599af0e8 |
| institution | Directory Open Access Journal |
| issn | 2261-2424 |
| language | English |
| last_indexed | 2024-12-17T02:59:34Z |
| publishDate | 2019-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | SHS Web of Conferences |
| spelling | doaj.art-7846af96e20a4a57b1d1b001599af0e82022-12-21T22:06:07ZengEDP SciencesSHS Web of Conferences2261-24242019-01-01670602410.1051/shsconf/20196706024shsconf_NTI-UkrSURT2019_06024The Influence of Mergers and Acquisitions on Competitiveness of Economies of Countries of the WorldKhaustova Viktoriia0Kolodyazhna Tetyana1Kramarev Hennadii2Research Centre for Industrial Problems of Development of NAS of Ukraine, Sector of Industrial Policy and Innovative DevelopmentKharkiv National University of Construction Engineering and Architecture, Department of FinanceResearch Centre for Industrial Problems of Development of NAS of Ukraine, ApplicantToday, the most important factor which determines the development of the world economy is economic globalization. The article presents a scheme of the interdependence of the processes that determine competitiveness of the country in the context of globalization: CER.1 – the cause-effect relation reflecting the influence of M&A with the participation of national companies on concentration of a national economy; CER.2 – reflecting the impact of concentration of the national economy on its competitiveness; CER.3 – reflecting the impact of intensity of M&A with the participation of national companies on their capitalization; CER.4 – reflecting the impact of the level of national companies’ capitalization on competitiveness of the country. The article puts forward and proves, based on the confirmation of the above mentioned cause-effect relations, the following hypotheses: 1. – merges and acquisitions with the participation of national companies influence concentration of a national economy which in turn determines the level of its competitiveness; 2. – integration with the participation of national companies through implementation of M&A increases their market capitalization, thereby affecting the level of competitiveness of the country. For simulating, the correlation and regression modeling is used. The statistical base of the study comprises a sample of 42 countries of the world.https://www.shs-conferences.org/articles/shsconf/pdf/2019/08/shsconf_NTI-UkrSURT2019_06024.pdf |
| spellingShingle | Khaustova Viktoriia Kolodyazhna Tetyana Kramarev Hennadii The Influence of Mergers and Acquisitions on Competitiveness of Economies of Countries of the World SHS Web of Conferences |
| title | The Influence of Mergers and Acquisitions on Competitiveness of Economies of Countries of the World |
| title_full | The Influence of Mergers and Acquisitions on Competitiveness of Economies of Countries of the World |
| title_fullStr | The Influence of Mergers and Acquisitions on Competitiveness of Economies of Countries of the World |
| title_full_unstemmed | The Influence of Mergers and Acquisitions on Competitiveness of Economies of Countries of the World |
| title_short | The Influence of Mergers and Acquisitions on Competitiveness of Economies of Countries of the World |
| title_sort | influence of mergers and acquisitions on competitiveness of economies of countries of the world |
| url | https://www.shs-conferences.org/articles/shsconf/pdf/2019/08/shsconf_NTI-UkrSURT2019_06024.pdf |
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