Hamberg, Mattias; Overland, Conny; Lantz, Björn - In: International Business Review 22 (2013) 5, pp. 868-882
acquisition announcements. The current lack of economically based explanations for this effect, labeled the cross-border effect by … relationships between acquiring and target firms prior to a bid announcement affect the cross-border effect. Our tests show that non … BAR. The cross-border effect disappears when we control for board participation and toeholds. Thus, we suggest that the …