two main FDI modes: Greenfield Investment (G.I.) and crossborder Merger and Acquisition (M&A). We also allow regionally …

examines the status of bank consolidation and the competitive structure of the banking industry. The degree of competitiveness …-bank consolidation period. The estimation results indicate that monopolistic competition in the market exists but that the …

risk management practices in the corporate sector, and the general environment for corporate restructuring and governance …

We consider a setting in which two potential merger partners each possess private information pertaining both to the …-post regret an unavoidable phenomenon in merger negotiations. To this end, we consider ex-post mechanisms, which use both players …' reports to determine whether or not a merger will take place and what each player will earn in each case. When the outside …

market. Using this model we are able to derive a counterfactual scenario, considering the pre-merger market equilibrium … together with the post-merger environment. The counterfactual analysis makes possible to take into account changes in market …

This paper explains why consolidation acquisitions occur in waves and it predicts the differing role each firm is … likely to play in the consolidation game. We propose that whether a firm assumes the role of rival consolidator, target, or … consolidation can trigger a consolidating acquisition by a rival in a remote market segment, while some firms prefer to be a target …