Authors: Viktor Kveton*, Charles University
Topics: Economic Geography, Europe
Keywords: geographical proximity, relatedness, mergers and acquisitions
Session Type: Paper
Start / End Time: 8:00 AM / 9:40 AM
Room: Bourbon Room, Astor, Mezzanine
Presentation File: No File Uploaded
Different kinds of proximity drive many economic processes with different intensity. The contribution aims to scrutinize the effects of proximities on a particular form of inter-firm relationships, that is, mergers and acquisitions (M&A) in Czechia. More specifically the sense is to investigate the role of four forms of proximity (geographical, industrial, organizational and institutional) for M&A activities in Czech economy between 2006 – 2014. Our analysis clarify changing role of various kinds of proximity in different economic phases (time of economic boom comparing with stagnation and slowdown). Further we clarify the level of relatedness among firms in case of M&A deals in Czechia. More specifically the analysis reveal different strategy of Czech and foreign/international firms in Czech economy and different role of proximities driving mergers and acquisitions in Czech and foreign firms.