Advanced

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

Simonsson, Markus and Holm, Caroline (2011) FEKP90 20111
Department 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:
author
Simonsson, Markus and Holm, Caroline
supervisor
organization
course
FEKP90 20111
year
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
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},
  keyword      = {management,Företagsledning,Management of enterprises,Cross-border M&A’s,Sweden,Cumulative abnormal returns,Cultural distance,Announcement effect},
  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},
}