Nisbet, Peter; Thomas, Wayne; Barrett, Stuart - In: International Journal of the Economics of Business 10 (2003) 3, pp. 245-259
This article investigates the reasons underlying the high propensity of UK firms to directly invest in the United States via acquisition and merger. Using a binomial logit model, this study analyses data from 142 firms in five industrial sectors over the period 1984-1994. Together, these sectors...