haku: @author Kish, R. / yhteensä: 4
viite: 2 / 4
Tekijä: | Vasconcellos, G. Kish, R. |
Otsikko: | Cross-border mergers and acquisitions: the European-US experience |
Lehti: | Journal of Multinational Financial Management
1998 : NOV, VOL. 8:4, p. 431-450 |
Asiasana: | MERGERS EUROPE USA |
Kieli: | eng |
Tiivistelmä: | This study, utilizing logit and multiple regression models, tests the hypothesis that macroeconomic variables, in particular bond yields, exchange rates and stock prices, influenced the number and direction of cross-border acquisitions between firms in the United States and each of four European countries: Germany, Italy, the United Kingdom, and France. While the logit model results suggest that bond yields explain the trends in cross-border acquisitions, the regression results show the US stock prices to be a good explanatory variable. |
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