European regional financial strategies
Article Abstract:
Progress towards the development of a single European financial market has been slow and will not culminate until after the single European market goes into effect. The European Commission has initiated progress through a series of directives that seek to level the playing ground amongst European Community members and create a regulatory framework for a single European financial market, but major obstacles rooted in cultural differences remain. Regional-based financial centers are increasingly implementing strategies to achieve economies of scale offered by a unified market, including integrating wholesale markets through multiple listings of multinational corporations on different exchanges, and by developing regional strategies around major financial centers and smaller, specialist centers in which products are originated in one center and marketed locally by distributors.
Publication Name: Multinational Business
Subject: Business, international
ISSN: 0300-3922
Year: 1990
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Limiting the risks in European acquisition bids
Article Abstract:
More than a thousand corporate mergers and acquisitions have taken place in Europe in the mid-1980s. The current economic climate in Europe is conducive to merger activity, but this rash of mergers appears to be motivated primarily by the opportunity to make quick profits. European mergers and acquisitions are risky, however, and almost half end in failure. The most commonly encountered pitfalls in European acquisitions are: placing too much faith in sales and earnings projections, underestimating cash requirements, mistakenly believing that a merger will have a synergystic effect on the new entity, taking on too much debt, and attempting to merge corporations that have incompatible cultures. Companies can avoid these risks by conducting a thorough pre-acquisition evaluation of the target company.
Publication Name: Multinational Business
Subject: Business, international
ISSN: 0300-3922
Year: 1987
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European business schools face the 1990s
Article Abstract:
European business schools became aware in the 1980s of the necessity of marketing their product and of becoming capital intensive in order to generate sufficient resources to meet the costs of new technology, attract top-rank faculty with competitive salaries, and to provide the high level of service demanded by students. Schools have segmented the market and are seeking to attract students with the right products by tailoring programs to the needs of students, including: modular programs; week-end seminars; and in-house MBA programs. To remain competitive and financially healthy, the schools are now developing their marketing operations and alumni networks and are establishing international links with other schools.
Publication Name: Multinational Business
Subject: Business, international
ISSN: 0300-3922
Year: 1989
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