Growth Effects of Cross-border Mergers and Acquisitions in European Transition Countries

Jelena Zvezdanović Lobanova; Davorin Kračun; Alenka Kavkler

doi:10.1515/ngoe-2016-0019

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Growth Effects of Cross-border Mergers and Acquisitions in European Transition Countries

Naše gospodarstvo/Our economy

Volume 62 (2016): Issue 4 (December 2016)

By: Jelena Zvezdanović Lobanova, Davorin Kračun and Alenka Kavkler

Open Access

|Dec 2016

Abstract

This paper deals with the economic effect of cross-border mergers and acquisitions on GDP per capita in European transition countries for the 2000- 2014 period. Our analysis shows that cross-border mergers and acquisitions have a negative effect on GDP per capita in the current period, whereas their lagged level positively impacts output performance. We found that transition countries characterized by a higher quality of institutional setting have achieved a positive impact on GDP per capita.

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Articles in this issue

DOI: https://doi.org/10.1515/ngoe-2016-0019 | Journal eISSN: 2385-8052 | Journal ISSN: 0547-3101

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Language: English

Page range: 3 - 11

Submitted on: Jun 1, 2016

Accepted on: Oct 1, 2016

Published on: Dec 22, 2016

Published by: University of Maribor

In partnership with: Paradigm Publishing Services

Publication frequency: 4 issues per year

Keywords:

cross-border mergers and acquisitions,

institutions,

GDP per capita,

transition countries

Related subjects:

Business and economics,

Political economics,

Economic policy,

Business management,

Management, organization, corporate governance,

Mathematics and statistics for economists,

Statistics

© 2016 Jelena Zvezdanović Lobanova, Davorin Kračun, Alenka Kavkler, published by University of Maribor
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Volume 62 (2016): Issue 4 (December 2016)