대한외국인인수·합병투자의 투자특성이 피인수기업 매력요인에 대한 선호에 미치는 영향

In this study, managers of foreign firms with operations in Korea evaluated the preferences sixteen investment attractiveness of a merged firm. The sixteen investment attractiveness was restructured to be five factors through factor analysis. T-test was employed to determine whether attractiveness preferences were a function of investment characteristics. The results indicate that attractiveness preferences depend on the market orientation, type of investment, type of product, size of investment, size of labor force, and year of investment. These results indicate that the Korean government and merged firms are advised to provide the incentives deemed important by investors and to understand the preferences of investment attractiveness of a merged firm in case of M&A.