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Interconditionality Between The Dynamics Of Mergers And Acquisitions And Macroeconomic Factors

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  • Ecaterina ULIAN

    (Moldova State University, MD-2009, Moldova)

Abstract

This article aims to test the hypothesis that between the activity of mergers and acquisitions and the factors of a macroeconomic nature is a relationship of interdependence. The synthesis of the literature highlighted that among the most frequently approached factors can be mentioned the following: the exchange rate, tax rate, capital market interest rate and GDP. By applying regression analysis and correlation for a data set covering the period from 1985 to 2020, a close link was established between the evolution of the number of mergers and acquisitions and the evolution of World GDP. The other factors have an insignificant influence. This is explained by the fact that mergers and acquisitions themselves are an accelerating factor for the sustainable development and growth of the business, stimulating innovation, technology development, modernization and therefore economic growth. And all this is reflected in GDP growth.

Suggested Citation

  • Ecaterina ULIAN, 2022. "Interconditionality Between The Dynamics Of Mergers And Acquisitions And Macroeconomic Factors," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 10(2), pages 66-71, June.
    • Handle: RePEc:scm:ejafbu:v:10:y:2022:i:2:p:66-71
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    References listed on IDEAS

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    1. Boateng, Agyenim & Hua, Xiuping & Uddin, Moshfique & Du, Min, 2014. "Home country macroeconomic factors on outward cross-border mergers and acquisitions: Evidence from the UK," Research in International Business and Finance, Elsevier, vol. 30(C), pages 202-216.
    2. Mihaela TULVINSCHI & Anamaria-Geanina MACOVEI, 2020. "Econometric Analysis Of The Influence Of Corporate Tax And Vat Rate On Tax Revenues Of Companies In Eu Member States," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 13(23), pages 105-115, June.
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