Evaluating the Effects of External Takeover on the Performance of Regional Companies
The Case of Scotland, 1965 to 1980
Bibliographic Data
| ID | 4989528 |
|---|---|
| Authors | Brian Ashcroft (University of Strathclyde), James H Love (University of Strathclyde) |
| Year | 1989 |
| Volume | 21 |
| Issue | 2 |
| Pages | 197-220 |
| Publication date | 1989-02-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environment and Planning A Economy and Space (JOURNAL) |
| Journal identifiers | ISSN: 0308-518X • E-ISSN: 1472-3409 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1068/a210197 |
| OpenAlex | W2002484366 |
| Language | EN |
| Citations received | 9 |
| References cited | 28 |
A framework is suggested for the evaluation of the effects of external takeover on regional economic performance, and an approach is offered to identify the impact of takeover on the performance of the acquired firm. The approach is then applied to estimate the effects of external takeover on the performance of Scottish manufacturing companies between 1965 and 1980. The results show that external takeover improved sales performance but lowered rates of return in acquired firms. Employment was, in general, unaffected. Overall, the effects on acquired firms are judged to have been beneficial, but evidence of harmful effects on the wider regional economy suggests that it cannot be assumed that such takeovers will not be against the public interest
Business · Economics · Industrial organization · Monetary economics · Corporate Finance and Governance · Financial Reporting and Valuation Research · Firm Innovation and Growth
External Takeovers in Scottish Manufacturing
Policy Review Section
Local Input Linkages
External Takeovers and the Performance of Regional Companies
Policy Review Section
External Takeover and Regional Economic Development
After the exit
External Takeover and Regional Linkage Adjustment
EC Mergers Regulation and Regional Economic Cohesion
The Location of the Headquarters of Industrial Companies
Industrial Location Processes and Regional Employment Growth
Patterns of Entry' and the Role of Foreign‐controlled Investments in the Forest Product Sector of British Columbia
The Location of European Direct Investment in the United Kingdom
U.S. Investment in Scotland‐aspects of the Branch Factory Syndrome
External Takeovers in Scottish Manufacturing
Foreign Direct Investment in Scotland
On Measuring the Effects of Industrial Mergers
The effect of external takeovers on manufacturing employment change in the Northern region between 1963 and 1973
Linkages and foreign direct investment
Industrial dependence and technological underdevelopment
Regional aspects of acquisition activity in British manufacturing industry
The multiplant business enterprise and geographical space
Plant closures in multi-plant enterprises—the case of a declining industrial sector
Contact potential and the occupational structure of the British urban system 1961–1966
Take-Overs
Mergers and Economic Performance
Large Firms, Multinationals, and Regional Development
Changes in Corporate Control in the British Urban System, 1972-1977
External Control and Regional Development
Geographical Perspectives on United States Investment in the United Kingdom
Patterns and Processes of Change in the Spatial Distribution of Foreign-Controlled Manufacturing Employment in the United Kingdom, 1963 to 1975
The Horizontal Merger
| Unique citing works | 9 |
|---|---|
| Citations per year | 0,24 |
| Citation span | 1988 - 2006 (19) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 7 |