Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/24132
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dc.contributor.authorHussinger, Katrinen_US
dc.date.accessioned2009-02-16T14:49:10Z-
dc.date.available2009-02-16T14:49:10Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/24132-
dc.description.abstractIn the context of increasing globalization of markets, merger and acquisition activities in the 1990s are said to be driven by reorganization processes with respect to concentration on firms? core competencies in order to increase or maintain market power in international markets. This paper empirically investigates a sample of German domestic mergers in the 1990s to detect the impact of technology and market relatedness on the choice of the merging partner. Results from a conditional logit model show that firms prefer a merging partner within the same industry and with a related technological profile. These findings approve the hypothesis that mergers in the 1990s were undertaken to concentrate on core competencies.en_US
dc.language.isoengen_US
dc.publisher|aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheim-
dc.relation.ispartofseries|aZEW Discussion Papers |x05-41en_US
dc.subject.jelC25en_US
dc.subject.jelO34en_US
dc.subject.jelO32en_US
dc.subject.jelG34en_US
dc.subject.ddc330en_US
dc.subject.keywordM&Aen_US
dc.subject.keywordTechnological Firm Performanceen_US
dc.subject.keywordMarket Relatednessen_US
dc.subject.stwFusionen_US
dc.subject.stwÜbernahmeen_US
dc.subject.stwKernkompetenzen_US
dc.subject.stwTechnologieen_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.titleDid Concentration on Core Competencies Drive Merger and Acquisition Activities in the 1990s? Empirical Evidence for Germanyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn490476457en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:zewdip:3284-

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