Skip to main page content
U.S. flag

An official website of the United States government

Dot gov

The .gov means it’s official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Access keys NCBI Homepage MyNCBI Homepage Main Content Main Navigation
. 2023 Sep;55(6):1618-1627.
doi: 10.1177/0308518X231190091. Epub 2023 Aug 15.

The economic geographies of mergers and acquisitions (M&As)

Affiliations

The economic geographies of mergers and acquisitions (M&As)

Liam Keenan et al. Environ Plan A. 2023 Sep.

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.

PubMed Disclaimer

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

Figure 1.
Figure 1.
Global M&A activity, 1985–2022. Source: Institute for Mergers, Acquisitions and Alliances (2023).

References

    1. Alami I. (2023) Foreign Investment Screening Mechanisms and Emergent Geographies of (Post)globalization. Manchester: School of Social Sciences Seminar, University of Manchester.
    1. 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.
    1. 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.
    1. 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.
    1. 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