欧洲一体化与跨国并购:以波兰为例

IF 1.2 Q4 BUSINESS

Journal of East-West Business Pub Date : 2022-09-07 DOI:10.1080/10669868.2022.2118925

A. Cieślik, Monika Tarsalewska

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引用次数: 0

摘要

摘要本文利用跨国企业知识资本模型的预测，研究了波兰跨国并购的决定因素。该理论的实证实施基于负二项模型和涵盖143个国家1995-2015年的双边数据集。我们的估计结果表明，波兰的并购可以用相对要素禀赋和市场规模的差异来解释，这证实了市场追求动机和效率追求动机的重要性。而且，随着时间的推移，追求效率的动机逐渐失去其重要性，而追求市场的动机变得更加重要。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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European Integration and International M&As: The Case of Poland

Abstract This paper studies determinants of international mergers and acquisitions (M&As) in Poland using the predictions of the knowledge capital model of multinational enterprise. The empirical implementation of the theory is based on the negative binomial model and the bilateral dataset covering 143 countries over the period 1995–2015. Our estimation results indicate that M&As in Poland are explained by both differences in relative factor endowments and in market size which confirms the importance of both market seeking and efficiency seeking motives. Moreover, the efficiency seeking motive is losing its importance over time while the market seeking motive becomes more important.

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来源期刊

Journal of East-West Business BUSINESS-

CiteScore

2.10

自引率

26.70%

发文量

期刊介绍： Journal of East-West Business is a quarterly journal that deals with contemporary and emerging aspects of business studies, strategies, development, and practice as they relate to the Russian Federation, the new republics of the Commonwealth of Independent States, and Eastern/Central Europe-and business relationships with other countries of the world. The Journal of East-West Business is international in scope and treats business issues from comparative, cross-cultural, and cross-national perspectives. The journal features an Editorial Advisory Board that represents the Russian Federation, Eastern/Central European, and Baltic states in this new business arena.