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I develop a model of mergers in which M&A deals are used to reallocate investment opportunities. In equilibrium, acquirers lack internal growth options and seek out projects from targets in the M&A market. The model is able to reconcile many features of the merger data that I document, including...
Persistent link: https://www.econbiz.de/10012975766
With the advent of globalization and liberalization, the concept of M&As has become an integral part of the Indian economy. This phenomenon has had far reaching repercussions on Indian industrial milieu, its development and growth. The changing market conditions have brought very significant and...
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capital formation, foreign reserve, infrastructure etc. accelerates the FDI inflows. This study reviews the long-run trend on … the time scale of FDI to Bangladesh over the period 1975- 2006 and major factors determining foreign companies' decisions … literature review to find out the appropriate variables to deter the foreign direct investment from time series data. On the …
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This paper challenges the widespread belief that FDI generally has a positive impact on economic growth in developing countries. It addresses the limitations of the existing literature and re-examines the FDI-led growth hypothesis for 28 developing countries using cointegration techniques on a...
Persistent link: https://www.econbiz.de/10003666558
incentives to actively explore potential spillover effects and actually appropriate new technologies introduced by foreign … developments of the recent ten years. -- Foreign direct investment ; spillover-effects ; crowding-in ; Chinese economy …
Persistent link: https://www.econbiz.de/10003581938