The effects of cultural differences on M&A performance - an "emerging" and "advanced" perspective

Simple item page
dc.contributor.advisorBurzynska, K.
dc.contributor.authorSchmitz, Jan-Jaap
dc.date.issued2018-06-25
dc.description.abstractThe relationship between cultural differences and M&A performance is a topic for discussion. Cultural differences affect M&A performance negatively, or positively. However, recent literature shows that the internationalization process of acquirers from ‘advanced’ markets is significantly different from acquirers from ‘emerging’ markets. These differences can lead to different ex-post M&A performance. This thesis tests this proposition on an aggregate level, after examining the main effects of cultural distance on M&A performance where cultural distance is operationalized in three distinguished ways. A sample of 4,695 unique deals is analyzed through OLS and random effects regressions to shed light on the relationship between cultural differences and M&A performance. Empirical evidence is indeed available for the hypothesis that cultural differences relate differently to M&A performance for ‘advanced’ and ‘emerging’ acquirers.en_US
dc.identifier.urihttp://theses.ubn.ru.nl/handle/123456789/5863
dc.language.isoenen_US
dc.thesis.facultyFaculteit der Managementwetenschappenen_US
dc.thesis.specialisationInternational Economics & businessen_US
dc.thesis.studyprogrammeMaster Economicsen_US
dc.thesis.typeMasteren_US
dc.titleThe effects of cultural differences on M&A performance - an "emerging" and "advanced" perspectiveen_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
MTH Economics Submission Form Jan-Jaap Schmitz 4374525_pdf.pdf
Size:
415.28 KB
Format:
Adobe Portable Document Format
Download
Collections
Faculteit der Managementwetenschappen