Spatio-temporal patterns of the international merger and acquisition network
This paper analyses the world web of mergers and acquisitions (M&As) using a complex network approach. We use data of M&As to build a temporal sequence of binary and weighted-directed networks for the period 1995–2010 and 224 countries (nodes) connected according to their M&As flows (lin...
- Autores:
- Tipo de recurso:
- Fecha de publicación:
- 2017
- Institución:
- Universidad de Bogotá Jorge Tadeo Lozano
- Repositorio:
- Expeditio: repositorio UTadeo
- Idioma:
- OAI Identifier:
- oai:expeditiorepositorio.utadeo.edu.co:20.500.12010/8961
- Acceso en línea:
- https://www.nature.com/articles/s41598-017-10779-z
http://hdl.handle.net/20.500.12010/8961
- Palabra clave:
- Spatio
Patterns
International merger
Comercio exterior
Alianzas estratégicas (Negocios)
- Rights
- License
- Abierto (Texto Completo)
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dc.title.spa.fl_str_mv |
Spatio-temporal patterns of the international merger and acquisition network |
title |
Spatio-temporal patterns of the international merger and acquisition network |
spellingShingle |
Spatio-temporal patterns of the international merger and acquisition network Spatio Patterns International merger Comercio exterior Alianzas estratégicas (Negocios) |
title_short |
Spatio-temporal patterns of the international merger and acquisition network |
title_full |
Spatio-temporal patterns of the international merger and acquisition network |
title_fullStr |
Spatio-temporal patterns of the international merger and acquisition network |
title_full_unstemmed |
Spatio-temporal patterns of the international merger and acquisition network |
title_sort |
Spatio-temporal patterns of the international merger and acquisition network |
dc.subject.spa.fl_str_mv |
Spatio Patterns International merger |
topic |
Spatio Patterns International merger Comercio exterior Alianzas estratégicas (Negocios) |
dc.subject.lemb.spa.fl_str_mv |
Comercio exterior Alianzas estratégicas (Negocios) |
description |
This paper analyses the world web of mergers and acquisitions (M&As) using a complex network approach. We use data of M&As to build a temporal sequence of binary and weighted-directed networks for the period 1995–2010 and 224 countries (nodes) connected according to their M&As flows (links). We study different geographical and temporal aspects of the international M&A network (IMAN), building sequences of filtered sub-networks whose links belong to specific intervals of distance or time. Given that M&As and trade are complementary ways of reaching foreign markets, we perform our analysis using statistics employed for the study of the international trade network (ITN), highlighting the similarities and differences between the ITN and the IMAN. In contrast to the ITN, the IMAN is a low density network characterized by a persistent giant component with many external nodes and low reciprocity. Clustering patterns are very heterogeneous and dynamic. High-income economies are the main acquirers and are characterized by high connectivity, implying that most countries are targets of a few acquirers. Like in the ITN, geographical distance strongly impacts the structure of the IMAN: link-weights and node degrees have a non-linear relation with distance, and an assortative pattern is present at short distances. |
publishDate |
2017 |
dc.date.created.none.fl_str_mv |
2017 |
dc.date.accessioned.none.fl_str_mv |
2020-04-24T15:00:33Z |
dc.date.available.none.fl_str_mv |
2020-04-24T15:00:33Z |
dc.type.coar.fl_str_mv |
http://purl.org/coar/resource_type/c_2df8fbb1 |
dc.type.local.spa.fl_str_mv |
Artículo |
dc.type.driver.spa.fl_str_mv |
info:eu-repo/semantics/article |
dc.identifier.other.spa.fl_str_mv |
https://www.nature.com/articles/s41598-017-10779-z |
dc.identifier.uri.none.fl_str_mv |
http://hdl.handle.net/20.500.12010/8961 |
dc.identifier.doi.spa.fl_str_mv |
10.1038/s41598-017-10779-z |
dc.identifier.instname.spa.fl_str_mv |
instname:Universidad de Bogotá Jorge Tadeo Lozano |
dc.identifier.reponame.spa.fl_str_mv |
reponame:Repositorio Institucional de la Universidad de Bogotá Jorge Tadeo Lozano |
url |
https://www.nature.com/articles/s41598-017-10779-z http://hdl.handle.net/20.500.12010/8961 |
identifier_str_mv |
10.1038/s41598-017-10779-z instname:Universidad de Bogotá Jorge Tadeo Lozano reponame:Repositorio Institucional de la Universidad de Bogotá Jorge Tadeo Lozano |
dc.rights.coar.fl_str_mv |
http://purl.org/coar/access_right/c_abf2 |
dc.rights.local.spa.fl_str_mv |
Abierto (Texto Completo) |
rights_invalid_str_mv |
Abierto (Texto Completo) http://purl.org/coar/access_right/c_abf2 |
dc.format.extent.spa.fl_str_mv |
14 páginas |
dc.format.mimetype.spa.fl_str_mv |
application/pdf |
dc.coverage.spatial.spa.fl_str_mv |
Bogotá, Colombia |
dc.publisher.spa.fl_str_mv |
Universidad de Bogotá Jorge Tadeo Lozano |
institution |
Universidad de Bogotá Jorge Tadeo Lozano |
bitstream.url.fl_str_mv |
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repository.name.fl_str_mv |
Repositorio Institucional - Universidad Jorge Tadeo Lozano |
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_version_ |
1814213477648039936 |
spelling |
Bogotá, Colombia2020-04-24T15:00:33Z2020-04-24T15:00:33Z2017https://www.nature.com/articles/s41598-017-10779-zhttp://hdl.handle.net/20.500.12010/896110.1038/s41598-017-10779-zinstname:Universidad de Bogotá Jorge Tadeo Lozanoreponame:Repositorio Institucional de la Universidad de Bogotá Jorge Tadeo LozanoThis paper analyses the world web of mergers and acquisitions (M&As) using a complex network approach. We use data of M&As to build a temporal sequence of binary and weighted-directed networks for the period 1995–2010 and 224 countries (nodes) connected according to their M&As flows (links). We study different geographical and temporal aspects of the international M&A network (IMAN), building sequences of filtered sub-networks whose links belong to specific intervals of distance or time. Given that M&As and trade are complementary ways of reaching foreign markets, we perform our analysis using statistics employed for the study of the international trade network (ITN), highlighting the similarities and differences between the ITN and the IMAN. In contrast to the ITN, the IMAN is a low density network characterized by a persistent giant component with many external nodes and low reciprocity. Clustering patterns are very heterogeneous and dynamic. High-income economies are the main acquirers and are characterized by high connectivity, implying that most countries are targets of a few acquirers. Like in the ITN, geographical distance strongly impacts the structure of the IMAN: link-weights and node degrees have a non-linear relation with distance, and an assortative pattern is present at short distances.14 páginasapplication/pdfUniversidad de Bogotá Jorge Tadeo LozanoSpatioPatternsInternational mergerComercio exteriorAlianzas estratégicas (Negocios)Spatio-temporal patterns of the international merger and acquisition networkArtículoinfo:eu-repo/semantics/articlehttp://purl.org/coar/resource_type/c_2df8fbb1Abierto (Texto Completo)http://purl.org/coar/access_right/c_abf2Dueñas, MarcoMastrandrea, RossanaBarigozzi, MatteoFagiolo, GiorgioLICENSElicense.txtlicense.txttext/plain; charset=utf-82938https://expeditiorepositorio.utadeo.edu.co/bitstream/20.500.12010/8961/2/license.txtabceeb1c943c50d3343516f9dbfc110fMD52open accessTHUMBNAIL8951.pdf.jpg8951.pdf.jpgIM Thumbnailimage/jpeg16197https://expeditiorepositorio.utadeo.edu.co/bitstream/20.500.12010/8961/3/8951.pdf.jpgc296d3455d5bd43a71f67ded1d2466e6MD53open accessORIGINAL8951.pdf8951.pdfVer artículoapplication/pdf4495939https://expeditiorepositorio.utadeo.edu.co/bitstream/20.500.12010/8961/1/8951.pdfa3d8808126ac5ade4f063799a772e992MD51open access20.500.12010/8961oai:expeditiorepositorio.utadeo.edu.co:20.500.12010/89612020-04-24 10:02:13.426open accessRepositorio Institucional - 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