The impact of cross-border M&A on performance of energy firms

Abstract

The purpose of this study is to evaluate the performance of the Canadian energy sector companies and compare their performance before and after cross-border M&A this strategy enables us to examine the effectiveness of cross-border M&A. In addition, this allows for a possible resource for decision making on Cross-border M&A in Canada energy sector. From the result, significant abnormal returns are existed. It shows the Canadian company can earn benefit after Cross-border M&A (CBMA).