The paper shows that the standing of theory in the field of mergers and acquisitions is weak for at least three reasons. Research is best described as a battlefield of ad hoc theory testing leaving behind a fragmented field. Research has focused traditionally on high intensity markets under the...

The paper shows that the standing of theory in the field of mergers and acquisitions is weak for at least three reasons. Research is best described as a battlefield of ad hoc theory testing leaving behind a fragmented field. Research has focused traditionally on high intensity markets under the...

The paper shows that the standing of theory in the field of mergers and acquisitions is weak for at least three reasons. Research is best described as a battlefield of ad hoc theory testing leaving behind a fragmented field. Research has focused traditionally on high intensity markets under the...

The objective of the paper is to offer an evaluation of existing theories towards understanding the increase in mergers and acquisitions in an emerging market such as Turkey. A review of the existing theoretical and applied literature suggests that the neoclassical hypothesis (the q theory of...

This paper assesses whether cross-border M&A decisions exhibit network effects. We estimate exponential random graph models (ERGM) and temporal exponential random graph models (TERGM) to evaluate the determinants of cross-country M&A investments at the sectoral level. The results show that...

The principal aim of the paper is to examine the impact of country-level factors on acquisition activity, and then explore the characteristics as well as the determinants of the takeover choice decision and the gains to target firms in South and East Asian economies. Consistent with the...