IDEAS home Printed from https://ideas.repec.org/a/ssi/jouesi/v10y2022i2p115-129.html
   My bibliography  Save this article

Cross-border mergers and acquisitions in manufacturing sector in the European area

Author

Listed:
  • Miroslav Gombár

    (University of Prešov, Slovakia)

  • Elena Sira

    (University of Prešov, Slovakia)

  • Jaroslava Heckova

    (University of Prešov, Slovakia)

  • Oliver Pisar

    (Technical University of Košice, Slovakia)

  • Alexandra Chapcakova

    (University of Prešov, Slovakia)

  • Dagmara Ratnayake Kascakova

    (University of Prešov, Slovakia)

Abstract

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.

Suggested Citation

  • Miroslav Gombár & Elena Sira & Jaroslava Heckova & Oliver Pisar & Alexandra Chapcakova & Dagmara Ratnayake Kascakova, 2022. "Cross-border mergers and acquisitions in manufacturing sector in the European area," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 10(2), pages 115-129, December.
    • Handle: RePEc:ssi:jouesi:v:10:y:2022:i:2:p:115-129
    DOI: 10.9770/jesi.2022.10.2(7)
    as

    Download full text from publisher

    File URL: https://jssidoi.org/jesi/uploads/articles/38/Gombar_Crossborder_mergers_and_acquisitions_in_manufacturing_sector_in_the_European_area.pdf
    Download Restriction: no
    File URL: https://jssidoi.org/jesi/article/1015
    Download Restriction: no
    File URL: https://libkey.io/10.9770/jesi.2022.10.2(7)?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    cross-border mergers; cross-border acquisitions; ANOVA; analysis of variance; manufacturing sector; sustainability;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ssi:jouesi:v:10:y:2022:i:2:p:115-129. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Manuela Tvaronaviciene (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.