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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Article
Effect of Cross-Border Acquisitions on Businesses Performance of Slovak Acquiring Companies
Author(s)
Jana Kubicová, Miroslava Záhumenská
Full-Text PDF
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DOI:10.17265/2328-7144/2016.01.001
Affiliation(s)
Jana Kubicová, associate professor at the Department of Finance, University of Economics in Bratislava, Bratislava, Slovak Republic.
Miroslava Záhumenská, Ph.D. student at the Department of Finance, University of Economics in Bratislava, Bratislava, Slovak Republic.
ABSTRACT
Currently, businesses or companies apply various tools of financial engineering on improvement of their performance. One of such tools refers to acquisitions through which companies can profit from synergic effects, reduce operating cost and tax expenses, and improve their market position. This paper is aimed at examining the effect of cross-border acquisitions made by Slovak companies in order to improve their performance. Authors applied the method of simultaneous equation model to examine this relation. The result confirmed the hypothesis that cross-border acquisitions positively influence a company performance.
KEYWORDS
acquisition, performance, Slovak company, mergers and acquisitions (M&As) effect
Cite this paper
References
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