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영어

The purpose of this study tried 1) to build a systematic model by studying th literature and analysing the cullent situation and Charcteristics of korean firm`s M&A and the preceding Study of international M&A, 2) to explain th selecting factors affecting international M&A by analysing Koeran firms experienced foreign advance, 3) examine the fact that exists the difference of behavior between Korean firms M&A activities and developed countries firm`s M&A activities the empirical research consist of statistical analysis by a guestionaried investingation. The results of empirical analysis are follows; First, Firm-specific monopolistic advantage have nothing to relation with the selection of international M&A, but have colsely relation to new establishment. Second, the degree of international business experience and internationalization by stage` have closely relation selection of international M&A. Third, R&D research intensity, product diversification, competitive power, and so on, have significant relation the selection of international M&A.