Cultural Distance and Cross-border M&A’s - An event study on the announcement effect of Swedish Cross-border M&A’s between 1996-2009
(2011) FEKP90 20111Department of Business Administration
- Abstract
- Our main findings are that Swedish cross-border M&A’s on average perform positively around the announcement of cross-border M&A’s, which is contrary to previous studies. Furthermore, we also find cultural distance to positively impact the announcement effect of cross-border M&A’s, also contradictive to previous findings. However, we cannot ensure that cultural distance itself affects the announcement effect of cross-border M&A’s.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/2173704
- author
- Simonsson, Markus and Holm, Caroline
- supervisor
- organization
- course
- FEKP90 20111
- year
- 2011
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- management, Företagsledning, Management of enterprises, Cross-border M&A’s, Sweden, Cumulative abnormal returns, Cultural distance, Announcement effect
- language
- Swedish
- id
- 2173704
- date added to LUP
- 2011-05-24 00:00:00
- date last changed
- 2012-11-13 07:48:25
@misc{2173704, abstract = {{Our main findings are that Swedish cross-border M&A’s on average perform positively around the announcement of cross-border M&A’s, which is contrary to previous studies. Furthermore, we also find cultural distance to positively impact the announcement effect of cross-border M&A’s, also contradictive to previous findings. However, we cannot ensure that cultural distance itself affects the announcement effect of cross-border M&A’s.}}, author = {{Simonsson, Markus and Holm, Caroline}}, language = {{swe}}, note = {{Student Paper}}, title = {{Cultural Distance and Cross-border M&A’s - An event study on the announcement effect of Swedish Cross-border M&A’s between 1996-2009}}, year = {{2011}}, }