Showing 1 - 10 of 220
Both, quantitative methods and case analyses have been extensively used in the literature on International Business in order to study a wide range of internationalization decisions by firms. On the contrary, the Qualitative Comparative Analysis (QCA) and, in particular, the fuzzy set QCA...
Persistent link: https://www.econbiz.de/10010860699
unobservability of contract terms favor cross-border acquisition relative to greenfield investment. We also show that while a cross …-border acquisition reduces welfare, greenfield investment can be welfare-improving. These results suggest that policy should distinguish …
Persistent link: https://www.econbiz.de/10010877755
. Therefore two alternative modes are distinguished: Greenfield investment, i.e. investment in a new facility, or acquisition of …
Persistent link: https://www.econbiz.de/10008520705
for a foreign direct investment are considered: Greenfield investment versus acquisition. In contrast to existing … approaches, the acquisition price and the profits under both entry modes are endogenously determined. Interestingly, we find that … it is acquisition. …
Persistent link: https://www.econbiz.de/10005649779
We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between mergers and acquisitions (“M&As”) and “greenfield” investment. A simple model underlines that, unlike greenfield investment, M&As partly represent a rent accruing to...
Persistent link: https://www.econbiz.de/10010968972
also indirectly since it determines the outside option of potential acquisition targets and joint venture partners. In … profitability of greenfield investment both reduces the acquisition price in the case of M&A, and gives local firms an incentive to …
Persistent link: https://www.econbiz.de/10005082857
the case of FDI, the firm faces two options: greenfield investment or merger and acquisition (M&A). If it selects …
Persistent link: https://www.econbiz.de/10005082882
This paper examines the link between a firm?s owership of productive assets and its choice of foreign-market entry strategy. We find that, controlling for industry- and country-specific characteristics, the most productive firms (i.e., those owning the most assets) will enter through greenfield...
Persistent link: https://www.econbiz.de/10005082904
Foreign direct investments (FDI) mostly occur in a form of mergers and acquisitions (M&A) - about 90%; other two forms are joint venture and greenfield investment. Which form is the most important and efficient one for various FDIrecipient countries? The choice of any form of transnational...
Persistent link: https://www.econbiz.de/10009646167
We identify the difference in market characteristics between different regions as an important determinant of the entry mode choices of foreign banks. The greater the difference in borrower quality between the developed and underdeveloped regions is, the more likely that the foreign bank to...
Persistent link: https://www.econbiz.de/10010608700