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-border acquisition, show different productivity levels as compared to those firms that have not been acquired. Our identification … firms' balance sheet for the years 2008-2018. We find that cross-border acquisitions decrease the productivity of the … targeted by acquirers originating in emerging market economies also decrease productivity of high-tech target firms. …
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Firms from emerging countries such as Brazil, India, and China (BIC) are going global, and Europe is attracting around one-third of their direct outward investments. Growing internationalization constitutes an opportunity for technological catch up. In this paper we analyze BIC firms'...
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It is a well-known fact that the main objective of every corporation is to generate profits and enhance its shareholders’ wealth. Corporate growth may be achieved either internally (through organic growth) or externally (through mergers and acquisitions). In parallel with global trends,...
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With the expansion of emerging market multinationals into Europe, Western domination, open regionalism, and established standards of sustainability are being put to the test. A smart public location policy can contribute to mutually beneficial and sustainable development. We propose that a smart...
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