This paper examines recent trends and drivers of cross-border mergers and acquisitions (M&As) which grew six-fold in 1991-98 and now account for more than 85% of foreign direct investment. They are prompted by a range of factors, including excess capacity and increased competition in traditional...

This paper examines recent trends and drivers of cross-border mergers and acquisitions (M&As) which grew six-fold in 1991-98 and now account for more than 85% of foreign direct investment. They are prompted by a range of factors, including excess capacity and increased competition in traditional...

This paper reviews recent trends in international strategic alliances, which have grown more than fivefold between 1989 and 1999 paralleling the increase in cross-border mergers and acquisitions (M&As). The paper covers frequency, type, purpose and geographical patterns of international...

This paper reviews recent trends in international strategic alliances, which have grown more than fivefold between 1989 and 1999 paralleling the increase in cross-border mergers and acquisitions (M&As). The paper covers frequency, type, purpose and geographical patterns of international...