The determinants of value of incoming cross-border mergers & acquisitions in European transition countries
| Autor: | Blanka Škrabić Perić, Josipa Višić |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2011 |
| Předmět: |
Inflation
Market capitalization Variables Sociology and Political Science Bond media_common.quotation_subject cross-border mergers and acquisitions European transitional countries dynamic panel models International economics Development Interest rate Real gross domestic product Per capita Economics Econometrics GDP deflator media_common |
| DOI: | 10.1016/j.postcomstud.2011.07.004 |
| Popis: | This research aims to determine variables that affect the aggregate value of incoming cross-border M&As in European transitional countries. Dynamic panel models have been estimated using Arellano and Bond GMM estimator for period between year 1994 and 2008. The ratio of the total value of cross-border M&A to GDP of the country is the dependent variable. Independent variables include following indicators: lagged value of cross-border M&A to GDP, lagged GDP per capita, lagged GDP growth, inflation, interest rate spread, lagged private credit to GDP ratio, market capitalization to GDP ratio, lagged rule of law and lagged control of corruption. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|