Fieberg, Christian; Lopatta, Kerstin; Tammen, Thomas; … - In: Strategic Management Journal 42 (2021) 13, pp. 2477-2492
This article investigates the moderating effect of political affinity between countries on investors' reactions to the premium in cross‐border acquisitions (CBAs). Based on a sample of 1,183 CBAs between 1999 and 2018, we find that political affinity positively moderates the relationship...