The determinants of cross-border mergers in four selected ASEAN countries

One organization purchases a second organization and acquiring ownership rights over its assets, business lines, operations, stocks and products. Therefore, they need one act to secure what they purchase which is will call its merger and acquisitions (M&As). In this particular matter, our study...

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Main Author:	Nanthini, Arumugam
Format:	Thesis
Language:	eng eng
Published:	2015
Subjects:	JZ International relations
Online Access:	https://etd.uum.edu.my/4967/1/s808997.pdf https://etd.uum.edu.my/4967/2/s808997_abstract.pdf
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id	my-uum-etd.4967
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Abdullah, Hussin
topic	JZ International relations
spellingShingle	JZ International relations Nanthini, Arumugam The determinants of cross-border mergers in four selected ASEAN countries
description	One organization purchases a second organization and acquiring ownership rights over its assets, business lines, operations, stocks and products. Therefore, they need one act to secure what they purchase which is will call its merger and acquisitions (M&As). In this particular matter, our study attempts to investigate the role of financial development on cross-border M&As in 4 ASEAN countries, namely Indonesia, Malaysia, Singapore and Thailand. Based on period of thirteen years (2000-2012), the data were analyzed by using the panel data econometric technique; fixed-effects and random-effects models. The results of the study indicate that a number of variables such as GDP, trade costs, financial development indicators such as stock which is the market capitalization of equity market, the amount of money in circulation (M2), and the real exchange rate (RER) are significantly influential in determining cross-border M&As from the whole of selected ASEAN countries. The findings of the study reveal the importance of domestic financial markets in stimulating cross-border M&As. These results also indicate that policy makers should pay more attention to promote cross-border M&As in term of policies and emphasize towards a stable exchange rate and trade cost
format	Thesis
qualification_name	masters
qualification_level	Master's degree
author	Nanthini, Arumugam
author_facet	Nanthini, Arumugam
author_sort	Nanthini, Arumugam
title	The determinants of cross-border mergers in four selected ASEAN countries
title_short	The determinants of cross-border mergers in four selected ASEAN countries
title_full	The determinants of cross-border mergers in four selected ASEAN countries
title_fullStr	The determinants of cross-border mergers in four selected ASEAN countries
title_full_unstemmed	The determinants of cross-border mergers in four selected ASEAN countries
title_sort	determinants of cross-border mergers in four selected asean countries
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2015
url	https://etd.uum.edu.my/4967/1/s808997.pdf https://etd.uum.edu.my/4967/2/s808997_abstract.pdf
_version_	1747827836914237440
spelling	my-uum-etd.49672021-04-04T08:03:25Z The determinants of cross-border mergers in four selected ASEAN countries 2015 Nanthini, Arumugam Abdullah, Hussin Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business JZ International relations One organization purchases a second organization and acquiring ownership rights over its assets, business lines, operations, stocks and products. Therefore, they need one act to secure what they purchase which is will call its merger and acquisitions (M&As). In this particular matter, our study attempts to investigate the role of financial development on cross-border M&As in 4 ASEAN countries, namely Indonesia, Malaysia, Singapore and Thailand. Based on period of thirteen years (2000-2012), the data were analyzed by using the panel data econometric technique; fixed-effects and random-effects models. The results of the study indicate that a number of variables such as GDP, trade costs, financial development indicators such as stock which is the market capitalization of equity market, the amount of money in circulation (M2), and the real exchange rate (RER) are significantly influential in determining cross-border M&As from the whole of selected ASEAN countries. The findings of the study reveal the importance of domestic financial markets in stimulating cross-border M&As. These results also indicate that policy makers should pay more attention to promote cross-border M&As in term of policies and emphasize towards a stable exchange rate and trade cost 2015 Thesis https://etd.uum.edu.my/4967/ https://etd.uum.edu.my/4967/1/s808997.pdf text eng public https://etd.uum.edu.my/4967/2/s808997_abstract.pdf text eng public masters masters Universiti Utara Malaysia Ahern, K.R. & Weston, J.F. (2007). M&As: The good, the bad and the worse. Applied Finance, 56, 494-513. Alfaro, L. (2003). 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The determinants of cross-border mergers in four selected ASEAN countries

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