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CROSS-BORDER MERGERS AND ACQUISITIONS IN THE HEALTHCARE INDUSTRY WITHIN EUROPEAN AREA
Abstract
Cross-border mergers and acquisitions (M&As) must now be included among the fundamental mechanisms of industrial globalization. They are seen by many as a relatively fast and efficient way to expand into new markets and incorporate new technologies, know-how and better managerial techniques. Cross-border M&As facilitate the international movement of capital, goods and services, technology and the integration of affiliates into global networks. We analyze in the paper, the influences of the financial and trade liberalization in the EU and the functioning of the EMU on the realization of the cross-border M&As realized over the period 1998-2015 (database data created by the authors), among the selected states (16 source countries and 25 target countries) of the European territory through the generalized linear model in the healthcare industry. The paper was prepared in the scope of implementing the projects VEGA No. 1/0945/17 Economic research on quantif. of marketing processes improving values for patients, multidimen. analysis of the mark. mix of HCF and quantif. of their importance in the process of establis. a system to measure the quality and efficiency of the Slovak HHC and VEGA No. 1/0031/17 Cross-border mergers and acquisitions in the context of economic and social determinants in the European area.
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