This paper argues that in revising the Takeover Bid Directive, EU policymakers should adopt a neutral approach toward … kind. Unfortunately, takeover rules cannot be crafted so as to hinder all the bad takeovers while at the same time … current EC legal framework for takeovers overall hinders takeover activity in the EU, the paper identifies three rationales …

This paper investigates the merger wave hypothesis for the US and the UK employing a Markov regime switching model …. Using quarterly data covering the last thirty years, for the US, we identify the beginning of a merger wave in the mid 1990s … but not the much-discussed 1980s merger wave. We argue that the latter finding can be ascribed to the refined methods of …

The Belt and Road initiative, recently embarked on by China, aims to improve cross-border infrastructure in order to … reduce transportation costs across a massive geographical area between China and Europe. The authors estimate how much trade … true for eastern Europe and Central Asia and, to a lesser extent, south-east Asia. In contrast, if China were to seek to …

Drawing on a global database of media articles, we quantitatively assess perceptions of China’s Belt and Road …

Drawing on global media reports, we conduct a sentiment analysis of the image of China's Belt and Road Initiative (BRI … positive, even if slightly less so than in the past. This is notwithstanding increases in debt levels with China, much of which … sentiment towards China's landmark project, as well as a much worse image of the initiative in countries which, until today, are …