| Abstract: | Cross-border mergers/acquisitions account for the bulk of contemporaryforeign direct investment. Their significance, which is reinforcingthe position of transnational corporations as the dominant institutionalforce in the global economy, is related to the nexus of processesimplicated in international economic restructuring. Cross-bordermergers/acquisitions are, therefore, important influences uponthe evolution of the space economy, but this perspective onmerger/acquisition activity has been neglected in academic research.This review makes connections between disparate literaturesto identify potential lines of enquiry and attempts to situatethese lines of enquiry within current research agendas in economicgeography. On a basic level, mergers/acquisitions create newcorporate geographies which represent valid objects of researchin the geography of enterprise tradition. However, these corporategeographies are set within the institutional context of social,economic, and political relations. Many of the most interestingresearch questions derive from these contextual relations whichare addressed with reference to issues of embeddedness at variousgeographical scales and also by linking these issues to aspectsof employment and territorial development. |
