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and time and country coverage, this paper examines patterns in greenfield (GF) versus merger & acquisition (MA) investment …
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and a wholly owned subsidiary combine into one legal entity (a P-S merger) and thus do not involve cash transfers, changes …, likely leading to tax savings. Merger announcement returns are positively associated with estimated tax savings. Consistent …
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The paper's main objective is to provide a concise synthesis of a wide array of data and research on multinationals originating in Statistics Canada, focusing on both historical and current studies. Chapter 2 discusses the macroeconomic contribution of foreign multinationals, focusing on two...
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This paper investigates how multinational firms choose the capital structure of their foreign affiliates in response to political risk. We focus on two choice variables, the leverage and the ownership structure of the foreign affiliate, and we distinguish different types of political risk, such...
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