Corporate restructuring and firm performance of British and German non-financial firms

Thomas Kirchmaier

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: This paper examines the ongoing changes in strategy, structure, and performance of the largest 250 non-financial firms in both Britain and Germany. To this end, publicly available firm-level data is presented at first and supplemented by the results of a questionnaire survey that was sent to the chief executives of those companies. What came through from the survey was that many firms in both countries are driven by the desire to specialise and internationalise and are primarily achieving this via ¿horizontal¿ mergers and acquisitions. While seeing a definite convergence in certain areas, clear and distinctive differences remain between the two countries.

JEL-codes: J01 R14 (search for similar items in EconPapers)
Pages: 58 pages
Date: 2003-08
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://eprints.lse.ac.uk/20031/ Open access version. (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:20031

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().