Song, Young Chul; Lie, Han Young - In: International Journal of Emerging Markets 13 (2018) 6, pp. 1876-1906
Purpose: The purpose of this paper is to estimate the direct effects of foreign direct investment (FDI) on domestic target firms’ profitability gains, in India, post-acquisition. In particular, it focuses on identifying the importance of firms’ heterogeneities on the effects, taking into...