Entrepreneurship and Sustainability Issues

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Entrepreneurship and Sustainability Issues

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Received: 2022-08-28 | Accepted: 2022-10-31 | Published: 2022-12-30

Title

Design and verification of implementation factors of cross-border mergers and acquisitions projects

Abstract

The aim of the contribution is to identify the implementation factors influencing the successfulness of cross-border mergers and acquisitions projects extracted on the basis of an analysis of the opinions of managers of 244 companies (international corporations) based in 45 countries of the European Economic Area, which were the subject of a cross-border merger or acquisition. Another objective is to verify the original methodology labeled as "M&A Project Implementation Factors – M&APIF". Factor analysis of the obtained data (Principal Component Analysis and Varimax Rotation methods were used) enabled extraction of three key implementation factors influencing the successfulness of M&A project implementation: Prerequisites for project implementation, Elimination of project implementation risks, Cooperation of partners within project implementation. The paper also presents the basic parameters of the M&APIF methodology, i.e. Eigenvalues, the percentage of explained variance, Cronbach's alpha of the extracted factors and inter-correlations of the extracted factors.

Keywords

implementation factors, M&A implementation, M&APIF, prerequisites, elimination of risks, cooperation of partners, management, stakeholders

JEL classifications

F15 , F21 , F23

URI

http://jssidoi.org/jesi/article/1017

DOI

DOI 10.9770/jesi.2022.10.2(9)

Pages

147-159

Funding

This research was supported by the Scientific Grant Agency of the Ministry of Education, Science, Research, and Sport of the Slovak Republic and the Slovak Academy Sciences as part of the research project VEGA No. 1/0661/20: “Trends in development and determinants of cross-border mergers and acquisitions in the European area” and VEGA No. 1/0590/22:“Exploration of natural, social and economic potential of areas with environmental burdens in the Slovak Republic for the development of specific forms of domestic tourism and quantification of environmental risks”.

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Heckova, Jaroslava

University of Prešov, Prešov, Slovakia http://www.unipo.sk

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Birknerova, Zuzana

University of Prešov, Prešov, Slovakia http://www.unipo.sk

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Chapcakova, Alexandra

University of Prešov, Prešov, Slovakia http://www.unipo.sk

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Zbihlejova, Lucia

University of Prešov, Prešov, Slovakia http://www.unipo.sk

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Stolarik, Peter

Technical University of Košice, Košice, Slovakia http://www.tuke.sk

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Journal title

Entrepreneurship and Sustainability Issues

Volume

10

Number

2

Issue date

December 2022

Issue DOI

DOI 10.9770/jesi.2022.10.2

ISSN

ISSN 2345-0282 (online)

Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Article views & downloads

HTML views: 964 | PDF downloads: 465

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