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Postavenie fúzií a akvizícií v globalizácii svetového hospodárstva
[Mergers and acquisition in the globalization of the world economy]

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  • Peter Baláž

Abstract

This article is oriented on the analyses of the development of the mergers and acquisition process. The author shows the main reason and motivations of expansion MA and its influence on the globalization of the world economy. This activity is (in the time and the territory) very different and heterogeneous. The leading players of his process are the multinational corporations, however, the value of deals of SME's is going up, too. In the last years these activities concern to the change of strategy of MNC's, first of all to the supporting of cooperation among them. The latest period is under the increasing pressure of the development of the international production sharing and production cooperation. The final result of this process is creating to a new sharing of the economic power in the worldvide framework, as a whole and influencing all regions, the emerging markets not shows off.

Suggested Citation

  • Peter Baláž, 2004. "Postavenie fúzií a akvizícií v globalizácii svetového hospodárstva [Mergers and acquisition in the globalization of the world economy]," Politická ekonomie, Prague University of Economics and Business, vol. 2004(4), pages 503-520.
    • Handle: RePEc:prg:jnlpol:v:2004:y:2004:i:4:id:471:p:485-502
    DOI: 10.18267/j.polek.471
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    References listed on IDEAS

    as
    1. Drysdale, Peter & Garnaut, Ross, 1982. "Trade Intensities and the Analysis of Bilateral Trade Flows in a Many-Country World : A Survey," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 22(2), pages 62-84, February.
    2. Palepu, Krishna G., 1986. "Predicting takeover targets : A methodological and empirical analysis," Journal of Accounting and Economics, Elsevier, vol. 8(1), pages 3-35, March.
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    More about this item

    Keywords

    economic growth; international cooperation; globalization; international business; competitivness; mergers and acquisitions; multinacional corporations; production; international production sharing;
    All these keywords.

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative

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