Chapter 22: Current Trends in Successful International M&As
Financial Behavior: Players, Services, Products, and Markets. H. Kent Baker, Greg Filbeck, and Victor Ricciardi, editors, 422-435, New York, NY: Oxford University Press, 2017.
Posted: 14 Jun 2017
Date Written: June 1, 2017
Abstract
The worldwide landscape of merger and acquisition (M&A) activity has changed dramatically in the past decade. Acquirers, acquisition trends, and the strategies behind those transactions now differ dramatically. Acquisition success rates also appear to be different, with recent research indicating that international acquisitions are more successful than they were previously. Successful acquiring is a complicated combination of melding systems and employees in an environment of cultural contrasts. Successful acquisitions on an international level require financial rigor and discipline combined with an understanding of human behavior and motivation. This chapter examines both the changing trends and the key success factors for M&As in terms of financial inputs and behavioral elements to better understand the complex M&A process and indicators for future success.
Keywords: behavioral finance, behavioural finance, merger and acquisition activity, acquisition trends, acquisition success rates, acquisition success factors, M&A
JEL Classification: A12, D81, G00, G30, G10, M00, M10, M41
Suggested Citation: Suggested Citation