Research on companies' internationalization has mainly focused on firm-level and country-level factors in order to explain firms' cross-border activities. With the exception of a limited number of studies emphasizing rivalistic behavior in oligopolistic industries, industry factors have been...

The general purpose of this paper is to investigate the effects of ownership change on the performance of private and closely held companies. The research is conducted on a single European country, Denmark, in the period from 1991 to 1999. We test the matching theory of ownership change...

The purpose of this paper is to derive and test several hypotheses on the characteristics of Danish acquisitions during the period from 1993 to 1996, and to try to estimate a statistical model for prediction of acquisition targets. We use binary and multinomial logit models, with variables...