This study provides the first comparative evidence of foreign and domestic acquisitions in Germany. A propensity score … matching approach combined with a difference-in-difference estimator were performed separately for foreign and domestic … acquisitions to account for a general takeover effect. The study is based on new high-quality panel data for manufacturing …

This study focuses on ex ante performance of domestic and foreign takeover targets in Germany, one of the most … well as binary response model estimations of takeover probabilities were performed for the manufacturing and service sector … separately. The results showed a diametrically opposing impact of productivity and profitability on the takeover likelihood. This …

share of sales from product innovations is not significantly affected by a foreign takeover for a given amount of innovation …This paper contributes to the ongoing debate on the welfare effects of foreign direct investment by investigating the … selection bias, it is found that foreign takeovers have a large negative impact on the propensity to perform innovation …

heterogeneity of the transition economies into our analysis. We find that foreign banks target relatively large and efficient banks …. However, when foreign banks enter more developed transition economies that have made progress in economic reform, they acquire …

, products or other valuable resources of the target firm. Given this heterogeneity of takeover motivations and the skewness of … the distribution of the deal value we show whether and how the importance of different takeover motivations changes along …