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The capital allocator is in the business of entering into partnerships with fund sponsors1 to potentially generate significant returns, mainly through long-term capital appreciation, by making, holding and disposing of privately negotiated equity and related investments. A methodical approach to...
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We examine whether the 2005 mandatory adoption of IFRS is followed by an increase in cross-border acquisitions into the … adopting countries and whether the association is driven by IFRS per se or by concurrent enforcement changes. Using the … exogeneity of a firm's listing status to identify the effect of IFRS, we document a significant increase in cross …
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