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Design and verification of implementation factors of cross-border mergers and acquisitions projects

Author

Listed:
  • Jaroslava Heckova

    (University of Prešov, Slovakia)

  • Zuzana Birknerova

    (University of Prešov, Slovakia)

  • Alexandra Chapcakova

    (University of Prešov, Slovakia)

  • Lucia Zbihlejova

    (University of Prešov, Slovakia)

  • Peter Stolarik

    (Technical University of Košice, Slovakia)

Abstract

The aim of the contribution is to identify the implementation factors influencing the successfulness of cross-border mergers and acquisitions projects extracted on the basis of an analysis of the opinions of managers of 244 companies (international corporations) based in 45 countries of the European Economic Area, which were the subject of a cross-border merger or acquisition. Another objective is to verify the original methodology labeled as "M&A Project Implementation Factors – M&APIF". Factor analysis of the obtained data (Principal Component Analysis and Varimax Rotation methods were used) enabled extraction of three key implementation factors influencing the successfulness of M&A project implementation: Prerequisites for project implementation, Elimination of project implementation risks, Cooperation of partners within project implementation. The paper also presents the basic parameters of the M&APIF methodology, i.e. Eigenvalues, the percentage of explained variance, Cronbach's alpha of the extracted factors and inter-correlations of the extracted factors.

Suggested Citation

  • Jaroslava Heckova & Zuzana Birknerova & Alexandra Chapcakova & Lucia Zbihlejova & Peter Stolarik, 2022. "Design and verification of implementation factors of cross-border mergers and acquisitions projects," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 10(2), pages 147-159, December.
    • Handle: RePEc:ssi:jouesi:v:10:y:2022:i:2:p:147-159
    DOI: 10.9770/jesi.2022.10.2(9)
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    References listed on IDEAS

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    1. Beata Gavurova & Jaroslav Belas & Yuriy Bilan & Jakub Horak, 2020. "Study of legislative and administrative obstacles to SMEs business in the Czech Republic and Slovakia," Oeconomia Copernicana, Institute of Economic Research, vol. 11(4), pages 689-719, December.
    2. Audrey Rouziès & Hélène Loe Colman, 2012. "Identification Processes in Post-Acquisition Integration: The Role of Social Interactions," Post-Print halshs-00744014, HAL.
    3. Bhekabantu Alson Ntshangase & Steven Kayambazinthu Msosa, 2022. "Enhancing service delivery for metropolitan municipalities in South Africa via project management," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 4(3), pages 127-138, September.
    4. Škare, Marinko & Blanco-Gonzalez-Tejero, Cristina & Crecente, Fernando & del Val, Maria Teresa, 2022. "Scientometric analysis on entrepreneurial skills - creativity, communication, leadership: How strong is the association?," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    implementation factors; M&A implementation; M&APIF; prerequisites; elimination of risks; cooperation of partners; management; stakeholders;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • 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

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