The Economic Impact of Cross-border M & A on Automobile Industry

跨境移动的经济影响

• 批准号: 21530308
• 负责人: NAGANO Mamoru
• 金额: $ 0.92万
• 依托单位: Nagoya City University
• 依托单位国家: 日本
• 项目类别: Grant-in-Aid for Scientific Research (C)
• 财政年份: 2009
• 资助国家: 日本
• 起止时间: 2009 至 2011
• 项目状态: 已结题
• 来源: https://kaken.nii.ac.jp/grant/KAKENHI-PROJECT-21530308/
• 关键词: 直接投資; 国際企業買収; 新興国市場; クロスボーダーM&A; 株式取得比率; マネジメント・システム変化; 買収企業収益性変化; ターゲット企業収益性変化

This study empirically investigates the post預cquisition performance of both acquiring and acquired firms by sa. mpling automobile and electronics firms in East Asia. The following results were derived from the analyses. First, the market-to-book ratio of acquirers and the return on assets(ROA) percentage of acquired firms increase after the a. cquisitions. This improvement is even more remarkable when the deal is a cross-border acquisition. The results also indicate that post預cquisition performance is boosted when the acquirer and acquired firm belong to close industrial categories. In summary, many acquisitions improve corporate performance and the probability of heightened performance increases when the above requirements are met.

本研究以东亚的汽车和电子公司为样本，对收购后的业绩进行了实证研究，分析得出以下结果。当收购是跨国收购时，被收购公司的资产（ROA）百分比会增加。被收购的公司属于相近的行业类别 综上所述，许多收购能够提高公司业绩，并且当满足上述要求时，香水业绩的概率就会增加。

项目成果

Cross-border Acquisi tion in a Transition Economy

转型经济中的跨境收购

• 发表时间: 2009
• 作者: Mamoru Nagano;Sun Eae Chun;Lee MinHwan;永野護;山本健;Mamoru Nagano;永野護;山本健;永野護;山本健;Mamoru Nagano;永野護;山本健;Mamoru Nagano and Hirotsugu Sakai;佐藤潤次郎・山本健・熊谷歩;佐藤潤次郎・山本健・熊谷歩;永野護;永野護;Mamoru Nagano;永野護;永野護;Mamoru Nagano;永野護;永野護;Mamoru Nagano
• 通讯作者: Mamoru Nagano

Real Estate Asset Securitization and the Debt Maturity Structure : Evidence from J-REIT

房地产资产证券化和债务期限结构：来自 J-REIT 的证据

• 发表时间: 2010
• 作者: Nakayama;K.;Mamoru Nagano
• 通讯作者: Mamoru Nagano

The Regional Effect of Monetary Policy in Japan

日本货币政策的区域效应

• 发表时间: 2010
• 作者: Mamoru Nagano;Sun Eae Chun;Lee MinHwan;永野護;山本健;Mamoru Nagano;永野護;山本健;永野護;山本健;Mamoru Nagano;永野護;山本健;Mamoru Nagano and Hirotsugu Sakai;佐藤潤次郎・山本健・熊谷歩;佐藤潤次郎・山本健・熊谷歩;永野護;永野護;Mamoru Nagano;永野護;永野護
• 通讯作者: 永野護

What Types of Acquisitions Improve Firm Performance in East Asia : Evi dence from Automobile Firms

哪些类型的收购可以提高东亚地区的公司绩效：来自汽车公司的证据

• 期刊: Globa 1 Economy and Finance journal
• 作者: Mamoru Nagano;Sun Eae Chun;Lee MinHwan;永野護;山本健;Mamoru Nagano;永野護;山本健;永野護;山本健;Mamoru Nagano;永野護;山本健;Mamoru Nagano and Hirotsugu Sakai
• 通讯作者: Mamoru Nagano and Hirotsugu Sakai

Cross-border Acquisition in a Transition Economy

转型经济中的跨境收购

• 发表时间: 2009
• 作者: Mamoru Nagano;Sun Eae Chun;Lee MinHwan;永野護;山本健;Mamoru Nagano;永野護;山本健;永野護;山本健;Mamoru Nagano;永野護;山本健;Mamoru Nagano and Hirotsugu Sakai;佐藤潤次郎・山本健・熊谷歩;佐藤潤次郎・山本健・熊谷歩;永野護;永野護;Mamoru Nagano;永野護;永野護;Mamoru Nagano;永野護;永野護;Mamoru Nagano;永野護
• 通讯作者: 永野護