Cross-border mergers and acquisitions: evidence from 10 developed countries / Nur Syazana Mohd Nasir ... [et al.]
This study attempts to explore the role of financial development on cross-border mergers and acquisitions (M&As) in 10 developed countries. Based on the sample period of 12 years (2000 – 2011), the data are analyzed by using dynamic panel data GMM estimator. Interestingly, we find that cross-bor...
| Main Authors: | , , |
|---|---|
| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2014
|
| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/35554/ |
| _version_ | 1848808820400193536 |
|---|---|
| author | Mohd Nasir, Nur Syazana Kadir, Norsiah Nayan, Sabri |
| author_facet | Mohd Nasir, Nur Syazana Kadir, Norsiah Nayan, Sabri |
| author_sort | Mohd Nasir, Nur Syazana |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | This study attempts to explore the role of financial development on cross-border mergers and acquisitions (M&As) in 10 developed countries. Based on the sample period of 12 years (2000 – 2011), the data are analyzed by using dynamic panel data GMM estimator. Interestingly, we find that cross-border M&A respond positively and significantly to the stock market capitalization. The result highlights the importance of domestic financial conditions in stimulating an outward cross-border M&As during this period. Furthermore, the study also reveals evidence that market size (GDP) for host countries, trade inflation rate, exchange rate and Global economic crisis 2007/08 are statistically significant in influencing cross-border M&As from these 10 developed countries |
| first_indexed | 2025-11-14T23:04:47Z |
| format | Conference or Workshop Item |
| id | uitm-35554 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T23:04:47Z |
| publishDate | 2014 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-355542021-12-06T07:22:06Z https://ir.uitm.edu.my/id/eprint/35554/ Cross-border mergers and acquisitions: evidence from 10 developed countries / Nur Syazana Mohd Nasir ... [et al.] Mohd Nasir, Nur Syazana Kadir, Norsiah Nayan, Sabri International finance Financial management. Business finance. Corporation finance This study attempts to explore the role of financial development on cross-border mergers and acquisitions (M&As) in 10 developed countries. Based on the sample period of 12 years (2000 – 2011), the data are analyzed by using dynamic panel data GMM estimator. Interestingly, we find that cross-border M&A respond positively and significantly to the stock market capitalization. The result highlights the importance of domestic financial conditions in stimulating an outward cross-border M&As during this period. Furthermore, the study also reveals evidence that market size (GDP) for host countries, trade inflation rate, exchange rate and Global economic crisis 2007/08 are statistically significant in influencing cross-border M&As from these 10 developed countries 2014-11 Conference or Workshop Item PeerReviewed text en https://ir.uitm.edu.my/id/eprint/35554/1/35554.pdf Mohd Nasir, Nur Syazana and Kadir, Norsiah and Nayan, Sabri (2014) Cross-border mergers and acquisitions: evidence from 10 developed countries / Nur Syazana Mohd Nasir ... [et al.]. (2014) In: TeSSHI 2014, 5 & 6 Nov 2014, One Hotel Helang, Langkawi Kedah Malaysia. |
| spellingShingle | International finance Financial management. Business finance. Corporation finance Mohd Nasir, Nur Syazana Kadir, Norsiah Nayan, Sabri Cross-border mergers and acquisitions: evidence from 10 developed countries / Nur Syazana Mohd Nasir ... [et al.] |
| title | Cross-border mergers and acquisitions: evidence from 10 developed countries / Nur Syazana Mohd Nasir ... [et al.] |
| title_full | Cross-border mergers and acquisitions: evidence from 10 developed countries / Nur Syazana Mohd Nasir ... [et al.] |
| title_fullStr | Cross-border mergers and acquisitions: evidence from 10 developed countries / Nur Syazana Mohd Nasir ... [et al.] |
| title_full_unstemmed | Cross-border mergers and acquisitions: evidence from 10 developed countries / Nur Syazana Mohd Nasir ... [et al.] |
| title_short | Cross-border mergers and acquisitions: evidence from 10 developed countries / Nur Syazana Mohd Nasir ... [et al.] |
| title_sort | cross-border mergers and acquisitions: evidence from 10 developed countries / nur syazana mohd nasir ... [et al.] |
| topic | International finance Financial management. Business finance. Corporation finance |
| url | https://ir.uitm.edu.my/id/eprint/35554/ |