The impact of CSR similarity on cross-border M&A success
Keywords
Loading...
Authors
Issue Date
2020-06-18
Language
en
Document type
Journal Title
Journal ISSN
Volume Title
Publisher
Title
ISSN
Volume
Issue
Startpage
Endpage
DOI
Abstract
This thesis looks at the impact of corporate social responsibility (CSR) on cross-border merger and acquisition (CBM&A) success. Using a sample of 196 cross-border deals from 2002 onwards, the effects of CSR similarity on CBM&A deal completion, deal rapidness and post-deal integration are being examined. Additionally, the moderating effect of firms’ overall CSR scores on this relationship is investigated. The hypotheses are tested using logistic regressions, cox-hazard models and ordinary least squares regressions. The main results show that CSR similarity has no statistically significant impact on CBM&A success and that firms’ overall CSR scores have no significant moderating effect. However, when looking at the individual components of CSR this study finds similarity on emissions to negatively impact deal rapidness, and similarity on product responsibility to positively impact the post-deal integration process. Furthermore, environmental innovation and workforce are moderated by firms’ overall CSR score
Description
Citation
Supervisor
Faculty
Faculteit der Managementwetenschappen