Location Strategies and Value Creation of International Mergers and Acquisitions (Innovation, Entrepreneurship and Management)

This title enriches both areas of research, finance and international management to analyze the choice of location and value creation in mergers and acquisitions. Our research answers the following question: What are the determinants of the location and value creation in mergers and acquisitions? Content: Location and Performance of Mergers and Acquisitions -- Location and Performance of Mergers and Acquisitions. Characteristics and Location of Mergers and Acquisitions -- Analysis of the Performance of Mergers and Acquisitions -- Methodology of the Empirical Study -- Methodology of the Empirical Study. Research Methodology -- Presentation of the Empirical Study -- Location and Value Creation of Mergers and Acquisitions by French Acquirers -- Location and Value Creation of Mergers and Acquisitions by French Acquirers. Determinants of Location of Mergers and Acquisitions -- Determinants of Value Creation of Mergers and Acquisitions -- General Conclusion -- Appendices. Distribution of Acquirers by Business Sector (NAF Code Rev.2, INSEE) -- Parametric and Non-parametric Statistical Tests of Average Cumulative Abnormal Returns -- Parametric and Non-parametric Statistical Tests of Average Cumulative Abnormal Returns for Domestic Mergers and Acquisitions -- Parametric and Non-parametric Statistical Tests of Average Cumulative Abnormal Returns for International Mergers and Acquisitions -- Daily Average Cumulative Abnormal Returns (CAR) and the Location of the Target (Mature Countries Versus Emerging Countries) -- Parametric and Non-parametric Statistical Tests of Average Cumulative Abnormal Returns for Mergers and Acquisitions in Mature Countries -- Parametric and Non-parametric Statistical Tests of Average Cumulative Abnormal Returns for Mergers and Acquisitions in Emerging Countries -- Summary of the Research Model on the Days [-3 +3] Window.