Tools
Tools
Basco, Sergi and Mestieri, Marti
(2013)
Mergers along the Global Supply Chain: Information Technologies and Routineness.
TSE Working Paper, n. 13-428, Toulouse
Preview |
Text
Download (511kB) | Preview |
Abstract
This paper empirically analyzes how the adoption of Information Technologies (IT) has changed the organization of global supply chains. We focus on international mergers, which are a growing and important component of foreign direct investment. We use data on North-South vertical mergers and acquisitions for all manufacturing industries. We show that the effect of IT adoption on the number of vertical mergers and acquisitions is decreasing with the “routineness” of the industry. Our interpretation is that the IT revolution has enabled new monitoring mechanisms. This has allowed Northern headquarters to better monitor suppliers, specially those in less routine-intensive industries –which were harder to monitor prior to the IT revolution.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Language: | English |
| Date: | July 2013 |
| Place of Publication: | Toulouse |
| Uncontrolled Keywords: | Mergers and Acquisitions, Information Technologies, Routine Intensity |
| JEL Classification: | D23 - Organizational Behavior; Transaction Costs; Property Rights F14 - Country and Industry Studies of Trade F23 - Multinational Firms; International Business L22 - Firm Organization and Market Structure - Markets vs. Hierarchies; Vertical Integration; Conglomerates; Subsidiaries |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Institution: | Université Toulouse 1 Capitole |
| Site: | UT1 |
| Date Deposited: | 09 Jul 2014 17:38 |
| Last Modified: | 27 Oct 2021 13:36 |
| OAI Identifier: | oai:tse-fr.eu:27548 |
| URI: | https://publications.ut-capitole.fr/id/eprint/15707 |
