Cross-border mergers and acquisitions in manufacturing sector in the European area
Ongoing globalization tendencies of business in general and manufacturing in particular has increased rapidly during the last decades as companies have internationalized their value-chains in a search of competitive advantage through scale and scope throughout the world. Precisely cross-border merge...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Entrepreneurship and Sustainability Center
2022-12-01
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| Series: | Entrepreneurship and Sustainability Issues |
| Online Access: | https://jssidoi.org/jesi/article/1015 |
| _version_ | 1797364826825031680 |
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| author | Miroslav Gombár Elena Sira Jaroslava Heckova Oliver Pisar Alexandra Chapcakova Dagmara Ratnayake Kascakova |
| author_facet | Miroslav Gombár Elena Sira Jaroslava Heckova Oliver Pisar Alexandra Chapcakova Dagmara Ratnayake Kascakova |
| author_sort | Miroslav Gombár |
| collection | DOAJ |
| description | Ongoing globalization tendencies of business in general and manufacturing in particular has increased rapidly during the last decades as companies have internationalized their value-chains in a search of competitive advantage through scale and scope throughout the world. Precisely cross-border mergers and acquisitions represent a key strategic and dynamic tool for gaining long-term competitive advantage, diversification, geographical expansion or strengthening its own position in the global market. The main goal of the paper is to analyze the impact of the predictors we have chosen on the volume and frequency of realized cross-border mergers and acquisitions in the manufacturing sector with regard to the origin of the source (19) and target (28) countries in the European area in the time period of 1998 and 2021 through analysis of variance (ANOVA). Through partial analyses, we find out how the manufacturing sector affects the total value of cross-border mergers and acquisitions transactions and whether there is a significant difference in the total value of cross-border mergers and acquisitions within the branches of the manufacturing sector. Attention is also paid to the impact of source and target country membership in the EU on the overall value of cross-border mergers and acquisitions. In the analyses, we also identify other significant influences that have an impact on the conditional value of cross-border mergers and acquisitions. |
| first_indexed | 2024-03-08T16:40:41Z |
| format | Article |
| id | doaj.art-f700fd1bb7a64638a5676c7ec9fe901a |
| institution | Directory Open Access Journal |
| issn | 2345-0282 |
| language | English |
| last_indexed | 2024-03-08T16:40:41Z |
| publishDate | 2022-12-01 |
| publisher | Entrepreneurship and Sustainability Center |
| record_format | Article |
| series | Entrepreneurship and Sustainability Issues |
| spelling | doaj.art-f700fd1bb7a64638a5676c7ec9fe901a2024-01-05T10:27:11ZengEntrepreneurship and Sustainability CenterEntrepreneurship and Sustainability Issues2345-02822022-12-0110211512910.9770/jesi.2022.10.2(7)Cross-border mergers and acquisitions in manufacturing sector in the European areaMiroslav Gombárhttps://orcid.org/0000-0002-8383-7820Elena Sirahttps://orcid.org/0000-0002-9907-1372Jaroslava Heckovahttps://orcid.org/0000-0002-4390-2448Oliver Pisarhttps://orcid.org/0000-0001-6930-369XAlexandra Chapcakovahttps://orcid.org/0000-0002-2766-7388Dagmara Ratnayake Kascakovahttps://orcid.org/0000-0002-9829-1293Ongoing globalization tendencies of business in general and manufacturing in particular has increased rapidly during the last decades as companies have internationalized their value-chains in a search of competitive advantage through scale and scope throughout the world. Precisely cross-border mergers and acquisitions represent a key strategic and dynamic tool for gaining long-term competitive advantage, diversification, geographical expansion or strengthening its own position in the global market. The main goal of the paper is to analyze the impact of the predictors we have chosen on the volume and frequency of realized cross-border mergers and acquisitions in the manufacturing sector with regard to the origin of the source (19) and target (28) countries in the European area in the time period of 1998 and 2021 through analysis of variance (ANOVA). Through partial analyses, we find out how the manufacturing sector affects the total value of cross-border mergers and acquisitions transactions and whether there is a significant difference in the total value of cross-border mergers and acquisitions within the branches of the manufacturing sector. Attention is also paid to the impact of source and target country membership in the EU on the overall value of cross-border mergers and acquisitions. In the analyses, we also identify other significant influences that have an impact on the conditional value of cross-border mergers and acquisitions.https://jssidoi.org/jesi/article/1015 |
| spellingShingle | Miroslav Gombár Elena Sira Jaroslava Heckova Oliver Pisar Alexandra Chapcakova Dagmara Ratnayake Kascakova Cross-border mergers and acquisitions in manufacturing sector in the European area Entrepreneurship and Sustainability Issues |
| title | Cross-border mergers and acquisitions in manufacturing sector in the European area |
| title_full | Cross-border mergers and acquisitions in manufacturing sector in the European area |
| title_fullStr | Cross-border mergers and acquisitions in manufacturing sector in the European area |
| title_full_unstemmed | Cross-border mergers and acquisitions in manufacturing sector in the European area |
| title_short | Cross-border mergers and acquisitions in manufacturing sector in the European area |
| title_sort | cross border mergers and acquisitions in manufacturing sector in the european area |
| url | https://jssidoi.org/jesi/article/1015 |
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