Factores influyentes de las adquisiciones y fusiones de generación eléctrica en el mundo

Abstract

The mergers and acquisitions (M&A) in the area of electricity generation is caused by many factor such as macroeconomics variables, technology, and institutions of the countries. In this document we chose different variables from the groups mentioned earlier with the target to analyze the behavior of the M&A with regard to the variables chosen. This was stimulated with a model based in the metodogic panel data with fixed effect. Our findings include the macroeconomics variables chosen aren't significant in the model, while the institutions vary significantly at 10% as well as with some of the electric generation tecnologies