Zademach, Hans-Martin and Rodríguez-Pose, Andrés 
ORCID: 0000-0002-8041-0856
(2009)
Cross-border M&As and the changing economic geography of Europe.
European Planning Studies, 17 (5).
pp. 765-789.
ISSN 0965-4313
Abstract
This study investigates the patterns of corporate mergers and acquisitions (M&As) involving firms located in the EU25 as well as in the four EFTA countries between 1998 and 2003. Against the background of a reflection on the concept of the firm in economic geography, it uncovers the cross-border balance of M&As across European states and identifies the factors that may explain the levels and patterns of corporate takeovers across Europe. The results indicate that the traditional motives of access to new and core markets, the effects of geographical proximity, and the internalisation of localised capabilities (proxied by a skilled and innovative labour pool) represent the key drivers of European M&As, while institutional factors, such as European integration or language barriers, appear to be less influential.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.tandf.co.uk/journals/ceps |
| Additional Information: | © 2009 Taylor & Francis |
| Divisions: | European Institute Government Spatial Economics Research Centre |
| Subjects: | G Geography. Anthropology. Recreation > G Geography (General) H Social Sciences > HC Economic History and Conditions |
| Date Deposited: | 16 Dec 2010 15:16 |
| Last Modified: | 01 Nov 2024 05:19 |
| URI: | http://eprints.lse.ac.uk/id/eprint/30901 |
Actions (login required)
 |
View Item |
