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hypothesis that foreign institutional investors act as facilitators in the international market for corporate control; they build …
Persistent link: https://www.econbiz.de/10013158587
We test the hypothesis that foreign direct investment promotes corporate governance spillovers in the host country. Using firm-level data from 64 countries during the period 2005-2014, we find that cross-border M&A activity is associated with subsequent improvements in the governance of...
Persistent link: https://www.econbiz.de/10012938394
We test the hypothesis that foreign direct investment promotes corporate governance spillovers in the host country. Using firm-level data from 64 countries during the period 2005-2014, we find that cross-border M&A activity is associated with subsequent improvements in the governance of...
Persistent link: https://www.econbiz.de/10012923482
stronger shareholder protection and if the target’s industry is more competitive. We conclude that the international market for …
Persistent link: https://www.econbiz.de/10014394542