Cross‑Border Mergers and Acquisitions: Their Role in Industrial Globalisation

Organisation for Economic Co-operation and Development2026-04-11 收录

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This paper examines recent trends and drivers of cross-border mergers and acquisitions (M&As) which grew six-fold in 1991-98 and now account for more than 85% of foreign direct investment. They are prompted by a range of factors, including excess capacity and increased competition in traditional industries and new market opportunities in...