The issue on whether foreign owners bring prosperity to individual firms and to society is highly debated in Croatia. It arises especially at times when there is a sell-out of a larger Croatian company to a foreign business group. In this paper we study the influence of ownership structures on...

Mergers and acquisitions (M&As) are one of the most widely used means in achieving growth and development of firms. There have been numerous empirical studies questioning the success of M&As in increasing the firms' value for their owners, both in the short and long run, and in increasing...

Mergers and acquisitions (M&As) are one of the most widely used means in achieving growth and development of firms. There have been numerous empirical studies questioning the success of M&As in increasing the firms' value for their owners, both in the short and long run, and in increasing...