The Effect of the Brexit on cross-border M&A in the UK
dc.contributor.advisor | Nolte, Sven | |
dc.contributor.author | Deelen van, Gerike | |
dc.date.issued | 2020-08-20 | |
dc.description.abstract | This study aims to research the influence of Brexit on the cross-border M&A activity in the UK. The existing literature of the determinants that affect cross-border M&A activity is used to make a connection with the Brexit announcement. The macro-economic variables that are influenced by Brexit and influence cross-border M&A activity are: stock market, exchange rate, GDP, interest rate and inflation. The data that is used for this study is monthly data from 2000 up to and including 2019. The three-step mediation analysis measure the relationships of the variables. The relationship between Brexit and the macro-economic variables is measured in the first step. In the second step the relationship is measured of Brexit on cross-border M&A activity. In the third step the relationship is measured of Brexit and the macro-economic variables on cross-border M&A activity. The results showed that Brexit leads to an increase in cross-border M&A, and that this effect is mediated by a higher value of the stock market. | en_US |
dc.identifier.uri | https://theses.ubn.ru.nl/handle/123456789/9721 | |
dc.language.iso | en | en_US |
dc.thesis.faculty | Faculteit der Managementwetenschappen | en_US |
dc.thesis.specialisation | Financial Economics | en_US |
dc.thesis.studyprogramme | Master Economics | en_US |
dc.thesis.type | Master | en_US |
dc.title | The Effect of the Brexit on cross-border M&A in the UK | en_US |
Files
Original bundle
1 - 1 of 1
Loading...
- Name:
- MTHEC RU Gerike van Deelen s1014463 - Master's Thesis.pdf
- Size:
- 365.1 KB
- Format:
- Adobe Portable Document Format