Acquisition Strategies in European Emerging Markets

ISBN-13: 9781403998545 / Angielski / Twarda / 2006 / 262 str.

Klaus E. Meyer; Saul Estrin

Opis

This study investigates mergers and acquisitions in emerging economies. Combining a questionnaire survey with eleven case studies in Poland, Hungary and Lithuania, it develops a dynamic perspective of international acquisitions, and a refined acquisition typology. Implications are derived for managers and policy makers, and for scholarly research.

Spis treści

PART ONE: FDI IN EUROPEAN EMERGING ECONOMIES Introduction: Acquisition Strategies in European Emerging Markets; K.Meyer & S.Estrin Institutional Context and FDI Trends in European Emerging Economies; C.Jensen The Changing Patterns of Foreign Direct Investment: Survey Insights; K.Meyer , D.Ionasçu , P.Kulawczuk , A. Szczesniak , Z.Antal-Mokos , K.Tóth & V.Darskuviene PART TWO: ACQUISITIONS: BUSINESS STRATEGY AND ECONOMIC GROWTH Acquisition as an Entry and Growth Strategy; K.Meyer Synergy Management in Acquisitions; K.Tóth M&A in Mobile Telephony: Industry Dynamics; J.Anderson & Z.Antal-Mokos Institutional and Regulatory Barriers to Foreign M&A in Central Europe; M.Bak ; P.Kulawczuk & A.Szczesniak Acquisitions, Institutions, and Policy; S.Estrin & K.Meyer PART THREE: CASE STUDIES The Evolution of the Hungarian Mobile Communications Market and T-Mobile Hungary; Z.Antal-Mokos & A.Bauer The Purchase of a Monopoly: France Telecom Acquires TPSA; P.Kulawczuk Building Strategic Alliances to Maintain Independence: Bank Millennium and Banco Comercial Português ; A.Szczesniak Building Profit from Losses: K&H and ABN AMRO; K.Tóth Creating a Nordic Bank: SEB-Vilniaus Bankas; K.Simkute The Emergence of the Central European MNE: MOL; Z.Antal-Mokos & K.Tóth Growth through Multiple Acquisitions: Carlsberg Breweries in Poland; M.Bak Purchase the National Brand No.1 to Rescue Entry Strategy? The Acquisition of Wedel by Cadbury-Schweppes; P.Kulawczuk Early Entry and Aggressive Growth: Kraft Foods Lietuva; V.Darskuviene References Index

O autorze

JAMIE ANDERSON Senior lecturer in Strategy and Innovation, European School of Management and Technology, Germany ZOLTAN ANTAL- MOKOS Associate Professor of Strategy, European School of Management and Technology, Germany MIECZYSLAW BAK Institute for Private Enterprise and Democracy, Poland ANDREAS BAUER Professor of Marketing, Corvinus University of Budapest, Hungary VALDONE DARSKUVIENE Associate Professor of Finance, Vytautas Magnus University, Kaunas and Baltic Management Institute, Vilinius, Lithuania DELIA IONASCU Assistant Professor of Economics, Copenhagen Business School, Denmark CAMILLA JENSEN Associate Professor, Copenhagen Business School, Denmark PRZEMYSLAW KULAWCZUK Department of Economics, University of Gdansk and Institute for Private Enterprise and Democracy, Poland ANNA SZCZESNIAK Institute for Private enterprise and Democracy, Poland KRISTINA SIMKUTE Research Assistant, Copenhagen Business School, Denmark KRISZTINA TOTH Senior Assistant Professor, Corvinus University of Budapest, Hungary