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In this study, we estimate the impacts of differences in international tax rates on the probability of choosing a location for an affiliate of a multinational firm. In particular, we distinguish between the tax sensitivity of Greenfield and M&A investments. Based on a novel firm-level dataset on...
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share of sales from product innovations is not significantly affected by a foreign takeover for a given amount of innovation …
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domestic German firms that are subject to a foreign takeover regarding employment and productivity. For this purpose, I use a … between firm characteristics before and after a foreign takeover, this econometric approach ensures that the causal effects … ; foreign takeover ; employment ; productivtity …
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This paper provides empirical evidence on the relationship between cross-border acquisitions and innovation activities at the firm level. In contrast to previous studies that analyze the effects on innovation in target firms, this paper investigates the effects on the investing firms. For the...
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