Interdependency between FID and cross-border M&A: Evidence from Sweden - Softcover

Krupenko, Nataliia; Krugliakova, Kateryna

Softcover

ISBN 10: 3659254096 ISBN 13: 9783659254093

Publisher: LAP LAMBERT Academic Publishing, 2012

Synopsis

The purpose of this work is to investigate the direct and reverse relationship between foreign independent directors (FIDs) on the boards and different stages of cross-border M&A transactions of Swedish companies. The results have demonstrated the confirmation of reverse relation between board composition in terms of nationality diversity and foreign acquisition activity. The presence of foreign independent director in the boardroom of Swedish company may not be considered as a signal of the firm intention to expand internationally via cross-border M&A. However, overseas M&A deal leads to the appointment of FID for further assistance in more successful performance. Therefore, the globalization of the company’s activity results in the internationalization of its board.

About this title

About the Author

Nataliia Krupenko is a master student of Finance at Lund University, Sweden. Kateryna Krugliakova is a recent Lund University graduate of the master’s program in Finance. Research interests of both authors mostly concern corporate finance with the focus on mergers and acquisitions activity and corporate governance in terms of board composition.

Edition details

• Publisher: LAP LAMBERT Academic Publishing
• Publication date: 2012
• ISBN 10: 3659254096
• ISBN 13: 9783659254093
• Binding: Paperback
• Language: English
• Number of pages: 92