How do the foreign direct investments flow? The case of the cross-border M&As in the European Union
Mergers and acquisitions (M&As) have been a popular strategy for firms and represent an important alternative for strategic expansion. At European Union (EU) level there are companies which choose this strategic option in order to expand their activity overboard, by merging or acquiring a compan...
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| Format: | Article |
| Language: | English |
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Bucharest University of Economic Studies
2018-12-01
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| Series: | Contabilitate şi Informatică de Gestiune |
| Subjects: | |
| Online Access: | http://cig.ase.ro/jcig/art/17_4_7.pdf |
| _version_ | 1818447482369081344 |
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| author | George Marian Aevoae Roxana Dicu Daniela Mardiros |
| author_facet | George Marian Aevoae Roxana Dicu Daniela Mardiros |
| author_sort | George Marian Aevoae |
| collection | DOAJ |
| description | Mergers and acquisitions (M&As) have been a popular strategy for firms and represent an important alternative for strategic expansion. At European Union (EU) level there are companies which choose this strategic option in order to expand their activity overboard, by merging or acquiring a company from EU or from a country outside the Union. The purpose of this paper is to present a quantitative analysis, for the 2005-2016 period of time, of the cross-border mergers and acquisitions (CBM&As) in the EU, by considering the mergers and the acquisitions of a controlling interest (100%), taking into account only the companies that developed their activity in the EU. The paper will follow two directions. On a side, we will analyze the number and the volume of the CBM&As for the EU member states, which will be categorized as developed, advanced emerging, secondary emerging and frontier economies, according to FTSE Russell criteria. On the other side, we will discuss the volume of the inward and outward foreign direct investments (FDI) related to CBM&As for these countries, to confirm that the most of these funds are flowing between developed economies. The flows are correlated to the merger waves in the Europe, according to the data provided by the Institute of Mergers, Acquisitions and Alliances (IMAA) in 2018. |
| first_indexed | 2024-12-14T20:04:19Z |
| format | Article |
| id | doaj.art-e6367da62e9f48d2865ad171c0d9587a |
| institution | Directory Open Access Journal |
| issn | 1583-4387 2559-6004 |
| language | English |
| last_indexed | 2024-12-14T20:04:19Z |
| publishDate | 2018-12-01 |
| publisher | Bucharest University of Economic Studies |
| record_format | Article |
| series | Contabilitate şi Informatică de Gestiune |
| spelling | doaj.art-e6367da62e9f48d2865ad171c0d9587a2022-12-21T22:49:05ZengBucharest University of Economic StudiesContabilitate şi Informatică de Gestiune1583-43872559-60042018-12-0117464166210.24818/jamis.2018.04007How do the foreign direct investments flow? The case of the cross-border M&As in the European UnionGeorge Marian Aevoae0Roxana Dicu1Daniela Mardiros2Alexandru Ioan Cuza University of Iasi, RomaniaAlexandru Ioan Cuza University of Iasi, RomaniaAlexandru Ioan Cuza University of Iasi, RomaniaMergers and acquisitions (M&As) have been a popular strategy for firms and represent an important alternative for strategic expansion. At European Union (EU) level there are companies which choose this strategic option in order to expand their activity overboard, by merging or acquiring a company from EU or from a country outside the Union. The purpose of this paper is to present a quantitative analysis, for the 2005-2016 period of time, of the cross-border mergers and acquisitions (CBM&As) in the EU, by considering the mergers and the acquisitions of a controlling interest (100%), taking into account only the companies that developed their activity in the EU. The paper will follow two directions. On a side, we will analyze the number and the volume of the CBM&As for the EU member states, which will be categorized as developed, advanced emerging, secondary emerging and frontier economies, according to FTSE Russell criteria. On the other side, we will discuss the volume of the inward and outward foreign direct investments (FDI) related to CBM&As for these countries, to confirm that the most of these funds are flowing between developed economies. The flows are correlated to the merger waves in the Europe, according to the data provided by the Institute of Mergers, Acquisitions and Alliances (IMAA) in 2018.http://cig.ase.ro/jcig/art/17_4_7.pdfcross-border mergers and acquisitionsdevelopedemerging and frontier economiesforeign direct investmentsLucas’ paradox |
| spellingShingle | George Marian Aevoae Roxana Dicu Daniela Mardiros How do the foreign direct investments flow? The case of the cross-border M&As in the European Union Contabilitate şi Informatică de Gestiune cross-border mergers and acquisitions developed emerging and frontier economies foreign direct investments Lucas’ paradox |
| title | How do the foreign direct investments flow? The case of the cross-border M&As in the European Union |
| title_full | How do the foreign direct investments flow? The case of the cross-border M&As in the European Union |
| title_fullStr | How do the foreign direct investments flow? The case of the cross-border M&As in the European Union |
| title_full_unstemmed | How do the foreign direct investments flow? The case of the cross-border M&As in the European Union |
| title_short | How do the foreign direct investments flow? The case of the cross-border M&As in the European Union |
| title_sort | how do the foreign direct investments flow the case of the cross border m as in the european union |
| topic | cross-border mergers and acquisitions developed emerging and frontier economies foreign direct investments Lucas’ paradox |
| url | http://cig.ase.ro/jcig/art/17_4_7.pdf |
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