Showing 1 - 10 of 202
Persistent link: https://www.econbiz.de/10010265465
mergers and acquisitions especially after the economic reforms of 1990s. Specifically, we have examined the technical … efficiency of the firms involved in mergers and acquisitions, separately for cross-border and domestic deals. …
Persistent link: https://www.econbiz.de/10010529467
Relying on a large foreign direct investment (FDI) transaction level dataset, unique both in terms of disaggregation and time and country coverage, this paper examines patterns in greenfield (GF) versus merger & acquisition (MA) investment. Although both are found to seek out large markets with...
Persistent link: https://www.econbiz.de/10010479021
We assess the consequences for consumers in 76 countries of multinational acquisitions in beer and spirits. Outcomes …
Persistent link: https://www.econbiz.de/10012583906
Persistent link: https://www.econbiz.de/10011818786
Innovative startups are frequently acquired by large incumbent firms. On the one hand, these acquisitions provide an … startups just to "kill" their ideas, and acquisitions can erode incumbents' own innovation incentives. Our paper aims to assess … the net effect of these forces. To do so, we build an endogenous growth model with heterogeneous firms and acquisitions …
Persistent link: https://www.econbiz.de/10013465631
Persistent link: https://www.econbiz.de/10011631219
Persistent link: https://www.econbiz.de/10010191599
Using rich administrative data from the Netherlands, we study the consequences of firm consolidation for workers. For workers at acquired firms, takeovers are associated with a 8.5% drop in employment at the consolidated firm and a 2.6% drop in total labor income. These effects are persistent...
Persistent link: https://www.econbiz.de/10013471298
Persistent link: https://www.econbiz.de/10003752296