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A Review of Cross‐border Mergers and Acquisitions in APEC

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  • Chunlai Chen
  • Christopher Findlay

Abstract

In parallel with global trends, cross‐border mergers and acquisitions (M&As) have increased dramatically in the APEC economies especially since the mid 1990s. The rapid increase in cross‐border M&As in the world in general and in the APEC economies in particular is driven by a combination of factors, including the liberalisation of trade and investment regimes, the deregulation of the services sector, the privatisation of state‐owned enterprises, and the relaxation of controls over cross‐border M&As. The role of APEC developing economies in cross‐border M&As has been increasing, especially since the late 1990s.

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  • Chunlai Chen & Christopher Findlay, 2003. "A Review of Cross‐border Mergers and Acquisitions in APEC," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 17(2), pages 14-38, November.
    • Handle: RePEc:bla:apacel:v:17:y:2003:i:2:p:14-38
    DOI: 10.1046/j.1467-8411.2003.00129.x
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    2. Steven Globerman & Daniel Shapiro, 2005. "Assessing International Mergers and Acquisitions as a Mode of Foreign Direct Investment," Chapters, in: Lorraine Eden & Wendy Dobson (ed.), Governance, Multinationals and Growth, chapter 5, Edward Elgar Publishing.
    3. Bianconi, Marcelo & Tan, Chih Ming, 2019. "Evaluating the instantaneous and medium-run impact of mergers and acquisitions on firm values," International Review of Economics & Finance, Elsevier, vol. 59(C), pages 71-87.
    4. Nakamura, Richard, 2004. "To Merge And Acquire When The Times Are Good? The Influence Of Macro Factors On The Japanese M&A Pattern," EIJS Working Paper Series 197, Stockholm School of Economics, The European Institute of Japanese Studies.
    5. Alhassan Musah & Mohammed Abdulai & Hilda Baffour, 2020. "The Effect of Mergers and Acquisitions on Bank Performance in Ghana," Asian Journal of Economics and Empirical Research, Asian Online Journal Publishing Group, vol. 7(1), pages 36-45.
    6. Pablo, Eduardo, 2009. "Determinants of cross-border M&As in Latin America," Journal of Business Research, Elsevier, vol. 62(9), pages 861-867, September.
    7. Dang, Man & Henry, Darren & Yin, Xiangkang & Vo, Thuy Anh, 2018. "Target corporate governance, acquirers' location choices, and partial acquisitions," Pacific-Basin Finance Journal, Elsevier, vol. 50(C), pages 82-104.
    8. Nisar, Shaista & Boateng, Agyenim & Wu, Junjie, 2018. "The entry mode strategy and performance of SMEs: Evidence from Norway," Research in International Business and Finance, Elsevier, vol. 45(C), pages 323-333.
    9. Heywood, John S. & McGinty, Matthew, 2011. "Cross-border mergers in a mixed oligopoly," Economic Modelling, Elsevier, vol. 28(1), pages 382-389.
    10. Tomasz P. Bednarczyk & Dirk Schiereck & Hardrik N. Walter, 2010. "Cross-border acquisitions and shareholder wealth: Evidence from the energy and industry in Central and Eastern Europe," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 15(2), pages 106-127.
    11. Hoang Long Pham & Petr Marek, 2018. "A Review of the European Union Countries on Cross-border Mergers and Acquisitions Market," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2018(4), pages 59-71.
    12. Hyunseok Park & Janghyeok Yoon & Kwangsoo Kim, 2013. "Identification and evaluation of corporations for merger and acquisition strategies using patent information and text mining," Scientometrics, Springer;Akadémiai Kiadó, vol. 97(3), pages 883-909, December.
    13. Chitra Singla, 2019. "Antecedents of Inbound and Outbound M&A: Industry-Level Analysis from India," Management International Review, Springer, vol. 59(5), pages 703-739, October.
    14. Ameer, Rashid, 2010. "The role of institutional investors in the inventory and cash management practices of firms in Asia," Journal of Multinational Financial Management, Elsevier, vol. 20(2-3), pages 126-143, July.

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