Arbeitspapier

Clustering properties of merger waves: Space, time or industry?

We study the degree of agglomeration of acquisition activity within clusters of temporal, geographic and industrial proximity based on almost 600,000 individual transactions. The findings indicate that significant clustering occurs in time and across industries, while the results on geographic clustering are mixed. This supports the view that merger waves are mostly driven by neoclassical motives.

Language
Englisch

Bibliographic citation
Series: DIW Discussion Papers ; No. 1322

Classification
Wirtschaft
Subject
merger wave
clustering
acquisitions
neoclassical
behavioral

Event
Geistige Schöpfung
(who)
Szücs, Florian
Event
Veröffentlichung
(who)
Deutsches Institut für Wirtschaftsforschung (DIW)
(where)
Berlin
(when)
2013

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Szücs, Florian
  • Deutsches Institut für Wirtschaftsforschung (DIW)

Time of origin

  • 2013

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