MERGERS AND ACQUISITIONS BY EMERGING COUNTRY MULTINATIONAL COMPANIES
Journal Title: Asian Economic and Financial Review - Year 2016, Vol 6, Issue 7
Abstract
This paper investigates the mergers and acquisitions by the emerging country multinational companies. Emerging country multinational companies do not have access to big amounts of capital as many developed country multinational companies. These companies can decide to engage in mergers and acquisitions with those of the other emerging country multinational companies in order to increase their profitability and competitiveness. We examine whether or not emerging country multinationals earn high and significant positive abnormal returns as a result of merger and acquisitions and we also investigate whether or not the return patterns of the emerging country multinationals are different than those of the developed country companies.
Authors and Affiliations
Ayşe Yüce| Ted Rogers School of Management Ryerson University
Keywords
Related Articles
- EP ID EP2289
- DOI -
- Views 481
- Downloads 39
Modelling Non-Interest Income at Tunisian Banks
The aim of this paper is to analyze the determinants of the non-interest income for the Tunisian context by the use of data of 10 Tunisian deposit banks. Our sample is observed during the period 1998-2009. Using panel da...
INVESTIGATING THE ROLE OF OIL PRICES IN THE CONVENTIONAL EKC MODEL: EVIDENCE FROM TURKEY
Being a developing country E-banking opened up tremendous opportunity to the financial sector and economic development of Bangladesh. This paper studies prospects of e-banking in Bangladesh, considering the performance o...
THE EFFECT OF INTEREST RATE, INFLATION RATE, GDP, ON REAL ECONOMIC GROWTH RATE IN JORDAN
The main objective of this study is to investigate the effect of interest rate, inflation rate, and GDP on real economic growth in Jordan over the period 2000-2010. Unit root test (Augmented Dickey-Fuller test) has been...
Insurance Market Activity and Economic Growth: Evidence from Nigeria
The focus of this study is to empirically assess insurance market activities in Nigeria with the view to determining its impact on economic growth. The period of study was 1970- 2008, the study made use of insurance dens...
CONVERGENCE AND DIVERGENCE AMONG COUNTRIES
This paper focuses on the study of the conditional convergence hypothesis among African countries that belonging to the West African Economic and Monetary Union (WAEMU), More precisely, this paper treats even the effect...