Malhotra, Shavin; Zhu, PengCheng - In: Journal of World Business 48 (2013) 2, pp. 271-281
By examining the premiums paid by acquiring firms in cross-border acquisitions (CBAs), this study aims to determine why they might rely on prior premium decisions in the host market rather than rigorous assessments of the deal. An information-based imitation framework offers an explanation for...