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| author | Jena Angeliadis |
| title | The Challenges of Executing Cross-Border M&A Transactions: A Focus on the Relationship between the U.S. & France |
| abstract | This thesis explores several factors that affect cross-border merger and acquisition deals between firms based in the
United States and in the member states of the European Union. It provides statistics regarding M&A and offers explanations for their growing volume in
recent years and their successes and failures. The factors discussed are outlined in three chapters. Chapter one includes the differences in the regulations,
government responses, and corporate governance strategies of the U.S. and EU regulatory agencies regarding M&A activity. Chapter two considers the concept
of culture and its role in the M&A integration period and in the Hofstede Cultural Dimensions Model. Finally, in chapter three a regression analysis is
used to test several variables and their contribution to the success of an M&A deal. This paper does not consider regulation, government response, corporate
governance regimes, or national culture to be driving individual factors that affect M&A. Instead, it argues that they must be considered as a whole when
accounting for the success or failure of M&A deals. Ultimately, this paper acknowledges the complexity and subjectivity of these aspects that have the
ability to increase the high value of withdrawn M&A deals if they are not carefully examined and implemented. |
| school | The College of Liberal Arts, Drew University |
| degree | B.A. (2017) |
| advisor | Bernard Smith |
| committee | Miao Chi
Marie Pascale Pieretti |
| full text | JAngeliadis.pdf |
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