Good at Home? Buy a Foreign Company
(2026) FEKH89 20252Department of Business Administration
- Abstract
- Title: Good at Home? Buy a Foreign Company
Seminar Date: 2026-01-15
Course: Business Administration: Bachelor’s degree Project in Financial Management, Undergraduate Level, 15 credits
Authors: Herman Barzangi, Simon Hägglund, Ivan Hörvin
Advisor: Cociorva Anamaria
Key words: Foreign direct investment, Cross-border mergers & acquisitions, Exchange rate, Location-advantage, Unemployment rate
Research question: What are the effects of macroeconomic factors on the activity of U.S. acquisitions of U.K. firms, from 2004 through 2024?
Purpose: The purpose of the thesis is to examine how domestic macroeconomic variables affect CBM&A activity, with a focus on U.S. acquisitions of U.K. firms.
Methodology: The study is... (More) - Title: Good at Home? Buy a Foreign Company
Seminar Date: 2026-01-15
Course: Business Administration: Bachelor’s degree Project in Financial Management, Undergraduate Level, 15 credits
Authors: Herman Barzangi, Simon Hägglund, Ivan Hörvin
Advisor: Cociorva Anamaria
Key words: Foreign direct investment, Cross-border mergers & acquisitions, Exchange rate, Location-advantage, Unemployment rate
Research question: What are the effects of macroeconomic factors on the activity of U.S. acquisitions of U.K. firms, from 2004 through 2024?
Purpose: The purpose of the thesis is to examine how domestic macroeconomic variables affect CBM&A activity, with a focus on U.S. acquisitions of U.K. firms.
Methodology: The study is quantitative in nature and adopts a deductive research approach, employing a time series data structure. The analysis uses a multiple-regression ordinary least squares model with appropriate time series considerations, including an error correction term.
Theoretical perspectives: This thesis is based on the extended OLI framework, the theory of competitive advantage, and previous research on the macroeconomic factors influencing foreign direct investment (FDI).
Result: The exchange rate and the unemployment rate are associated with changes in acquisition activity, with the exchange rate emerging as the strongest predictor. The interest rate and the Economic Policy Uncertainty (EPU) index show no statistical significance.
Conclusion: The findings indicate that domestic macroeconomic factors do influence U.S. acquisitions of U.K. targets. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9221801
- author
- Barzangi, Herman LU ; Hägglund, Simon LU and Hörvin, Ivan LU
- supervisor
- organization
- alternative title
- Domestic Macroeconomic Factors Influencing U.S. Acquisitions of U.K. Targets
- course
- FEKH89 20252
- year
- 2026
- type
- M2 - Bachelor Degree
- subject
- keywords
- Foreign direct investment, Cross-border mergers & acquisitions, Exchange rate, Location-advantage, Unemployment rate
- language
- English
- id
- 9221801
- date added to LUP
- 2026-02-12 16:46:33
- date last changed
- 2026-02-12 16:46:33
@misc{9221801,
abstract = {{Title: Good at Home? Buy a Foreign Company
Seminar Date: 2026-01-15
Course: Business Administration: Bachelor’s degree Project in Financial Management, Undergraduate Level, 15 credits
Authors: Herman Barzangi, Simon Hägglund, Ivan Hörvin
Advisor: Cociorva Anamaria
Key words: Foreign direct investment, Cross-border mergers & acquisitions, Exchange rate, Location-advantage, Unemployment rate
Research question: What are the effects of macroeconomic factors on the activity of U.S. acquisitions of U.K. firms, from 2004 through 2024?
Purpose: The purpose of the thesis is to examine how domestic macroeconomic variables affect CBM&A activity, with a focus on U.S. acquisitions of U.K. firms.
Methodology: The study is quantitative in nature and adopts a deductive research approach, employing a time series data structure. The analysis uses a multiple-regression ordinary least squares model with appropriate time series considerations, including an error correction term.
Theoretical perspectives: This thesis is based on the extended OLI framework, the theory of competitive advantage, and previous research on the macroeconomic factors influencing foreign direct investment (FDI).
Result: The exchange rate and the unemployment rate are associated with changes in acquisition activity, with the exchange rate emerging as the strongest predictor. The interest rate and the Economic Policy Uncertainty (EPU) index show no statistical significance.
Conclusion: The findings indicate that domestic macroeconomic factors do influence U.S. acquisitions of U.K. targets.}},
author = {{Barzangi, Herman and Hägglund, Simon and Hörvin, Ivan}},
language = {{eng}},
note = {{Student Paper}},
title = {{Good at Home? Buy a Foreign Company}},
year = {{2026}},
}