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-level uncertainty is characterized by a pecking order: the announcement of a domestic takeover leads to a reduction in the uncertainty …
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-level uncertainty is characterized by a pecking order: the announcement of a domestic takeover leads to a reduction in the uncertainty …
Persistent link: https://www.econbiz.de/10012158166
variables. Estimating a standard hazard model yields the result that foreign takeover reduces the liftetime of the acquired … provide some evidence that the incidence of takeover reduces employment growth, in particular for unskilled labour in the …
Persistent link: https://www.econbiz.de/10013320075
China is perceived to rely on subsidizing firms in targeted industries to improve their performance and stay competitive. We implement an approach that allows for the joint estimation of direct and indirect effects of subsidies on subsidized and non-subsidized firms. We find that firms that...
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