IDEAS home Printed from https://ideas.repec.org/a/aio/rteyej/v1y2015i25p57-64.html
   My bibliography  Save this article

The Evolution Of Mergers And Acquisitions In Central And Eastern Europe And The Impact Of The Economic Crisis On Them

Author

Listed:
  • Bogdan Sticlosu Ph. D Student

    (University of Craiova, Faculty of Economy and Business Administration, Romania)

  • Bogdan Pîrvulescu Ph. D Student

    (University of Craiova, Faculty of Economy and Business Administration, Romania)

Abstract

In order to fulfill the recovery and development objective, the companies may choose from internal or external growth strategies, but most of the time they turn to mixes of them. The growth strategy through mergers and acquisitions is often preferred against the internal development or forming alliances/groups/clusters etc., because the decision makers wish to hold complete control and to protect themselves of the unforeseen represented by another manager’s decision given that choosing a strategy from the ones mentioned previously may lead to similar results with financial effort and less risks. The companies’ mergers respond to the growth strategies the decision makers adopt, regardless if the result is wished to be the increase of the market share and obtaining key advantages (mergers that respond to offensive strategy) or the strengthening position in a sector and moment of the market that do not offer growth opportunities (defensive strategies).

Suggested Citation

  • Bogdan Sticlosu Ph. D Student & Bogdan Pîrvulescu Ph. D Student, 2015. "The Evolution Of Mergers And Acquisitions In Central And Eastern Europe And The Impact Of The Economic Crisis On Them," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(25), pages 57-64, NOVEMBER.
  • Handle: RePEc:aio:rteyej:v:1:y:2015:i:25:p:57-64
    as

    Download full text from publisher

    File URL: http://feaa.ucv.ro/RTE/025-07.pdf
    Download Restriction: no

    More about this item

    Keywords

    recovery; merger; external growth; transnational mergers; acquisitions; absorption mergers; horizontal mergers; vertical mergers;

    JEL classification:

    • H13 - Public Economics - - Structure and Scope of Government - - - Economics of Eminent Domain; Expropriation; Nationalization
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing

    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:aio:rteyej:v:1:y:2015:i:25:p:57-64. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ionascu Costel). General contact details of provider: http://edirc.repec.org/data/fecraro.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.