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Entrepreneurship and Sustainability Issues Open access
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DOI 10.9770/jesi.2022.10.2(11)
Reference to this article should be made as follows:
Chapcakova, A.; Heckova, J.; Gombár, M.; Gavura, S.; Kascakova, D. R. 2022. An analysis of the impact of selected predictors for cross-border M&A activity within the European area, Entrepreneurship and Sustainability Issues 10(2): 176-188. https://doi.org/10.9770/jesi.2022.10.2(11)
Received: 2022-08-10  |  Accepted: 2022-10-31  |  Published: 2022-12-30

Title

An analysis of the impact of selected predictors for cross-border M&A activity within the European area

Abstract

This paper provides a comprehensive overview of European M&A activity from 1998-2021. It examines trends and drivers of cross-border mergers and acquisitions, examining how European integration has affected M&A activity and the critical characteristics of M&As in the European Area. The ambition is to contribute to the existing literature on M&A activity in Europe. The paper aims to analyze the impact of advancing integration processes in Europe through our selected predictors on capital reallocation through cross-border M&As as a whole and also separately in the manufacturing sector and the service sector in the examined period in the countries of the European area through a generalized regression model and identify peculiarities in both industries. To achieve this goal, we investigated a new dataset of all completed M&A between 1998 and 2021 in 19 sources and 28 target countries of the European Area.

Keywords

European Union, European Monetary Union, cross-border mergers, cross-border acquisitions, manufacturing sector, service sector

JEL classifications

F15 , F21 , F23

URI

http://jssidoi.org/jesi/article/1019

DOI

DOI 10.9770/jesi.2022.10.2(11)

Pages

176-188

Funding

This research was supported by the Scientific Grant Agency of the Ministry of Education, Science, Research, and Sport of the Slovak Republic and the Slovak Academy Sciences as part of the research project VEGA No. 1/0661/20: “Trends in development and determinants of cross-border mergers and acquisitions in the European area”and VEGA No. 1/0590/22: “Exploration of natural, social and economic potential of areas with environmental burdens in the Slovak Republic for the development of specific forms of domestic tourism and quantification of environmental risks”.

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Chapcakova, Alexandra
University of Prešov, Prešov, Slovakia http://www.unipo.sk
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Heckova, Jaroslava
University of Prešov, Prešov, Slovakia http://www.unipo.sk
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Gombár, Miroslav
University of Prešov, Prešov, Slovakia http://www.unipo.sk
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Gavura, Stefan
Technical University of Košice, Košice, Slovakia http://www.tuke.sk
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Kascakova, Dagmara Ratnayake
University of Prešov, Prešov, Slovakia http://www.unipo.sk
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Journal title

Entrepreneurship and Sustainability Issues

Volume

10

Number

2

Issue date

December 2022

Issue DOI

DOI 10.9770/jesi.2022.10.2

ISSN

ISSN 2345-0282 (online)

Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 1331  |  PDF downloads: 543

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