Abstract
There are many scientific approaches in the
legal literature on how commercial law is able to affect the economic
development of a state and the field of Mergers and Acquisitions (M&A) is
no exception and especially when it comes to capital coming from another
country for cross-border M&A that are very important in increasing a
country's foreign direct investment.
In every country's economy, M&A and so
commercial law play an important role for growth by creating economies of scale
and scope. So, usually, the commercial law in M&A is governed by commercial
codes and other special laws to ensure their quality and integrity. For this
purpose, governments have developed a special legislative framework of
commercial in M&A before and after the completion of the procedures in
order to expand the economies of the states and improve business performance,
thus maintaining suitable competitive environments to improve business
performance while ensuring the employee personnel indirectly involved in the
whole process.
The study aims to show that the legal
procedures of commercial law in the European Union and of its country can
influence the characteristics of both domestic mergers and acquisitions and
cross-border M&A.