Environmental determinants of cross-border mergers and acquisitions: evidence from the global agricultural and food sector

被引:3
作者
Huang, Peng [1 ,2 ]
Lu, Yue [1 ]
Scrimgeour, Frank [1 ]
机构
[1] Univ Waikato, Sch Accounting Finance & Econ, Waikato Management Sch, Hamilton, New Zealand
[2] Univ Waikato, Sch Accounting Finance & Econ, Waikato Management Sch, Gate 1,Knighton Rd,Hillcrest, Hamilton 3240, New Zealand
关键词
Environment; Agriculture; Resources; Sustainability; Cross-border mergers and acquisitions;
D O I
10.1080/00036846.2023.2174934
中图分类号
F [经济];
学科分类号
02 ;
摘要
We examine the effect of several agricultural factors in determining the likelihood of cross-border mergers and acquisitions (M&As) in the global agricultural and food sector. We find that, better acquirer (target) country agricultural resources, productivity, and environments are associated with lower (higher) likelihood of cross-border M&As. Further analyses suggest that these agricultural factors have similar though weaker effects in non-agricultural deals. Overall, we highlight the important roles played by such agricultural factors in determining cross-border M&As, especially in the agricultural and food sector.
引用
收藏
页码:956 / 977
页数:22
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