The economic geographies of mergers and acquisitions (M&As)
- PMID: 37810992
- PMCID: PMC10555530
- DOI: 10.1177/0308518X231190091
The economic geographies of mergers and acquisitions (M&As)
Abstract
Mergers and acquisitions (M&As) are on the rise. Interlocking processes of globalization and financialization have increased their attractiveness and incentivized an upward spiral of M&A activity in recent years. This rise is profoundly spatial, as M&As reshape the geographies of production, consumption and finance, while aggravating uneven power-geometries through the concentration of corporate control. Despite this growth and inherent spatiality, economic geography research into M&As has waned. The aim this article is to demonstrate the value of M&As to economic geographers and highlight avenues for future research. This is achieved by explaining how qualitative and quantitative research into the motivations, outcomes and geographies of M&A activity can provide fresh empirical and conceptual insights surrounding wider geographical debates.
Keywords: M&As; Mergers and acquisitions; economic geography.
© The Author(s) 2023.
Conflict of interest statement
The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.
Figures
References
-
- Alami I. (2023) Foreign Investment Screening Mechanisms and Emergent Geographies of (Post)globalization. Manchester: School of Social Sciences Seminar, University of Manchester.
-
- Alami I, Dixon AD. (2022) Expropriation of capitalist by state capitalist: Organizational change and the centralization of capital as state property. Economic Geography 98(4): 303–326.
-
- Babic M, Garcia-Bernardo J, Heemskerk EM. (2020) The rise of transnational state capital: State-led foreign investment in the 21st century. Review of International Political Economy 27(3): 433–475.
-
- Böckerman P, Lehto R. (2006) Geography of domestic mergers and acquisitions (M&As): Evidence from matched firm-level data. Regional Studies 40(8): 847–860.
-
- Borghi RAZ, Sarti F, Cintra MAM. (2013) The “financialized” structure of automobile corporations in the 2000s. World Review of Political Economy 4(3): 387–409.
LinkOut - more resources
Full Text Sources