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Using a sample of control cross-border acquisitions from 61 countries from 1990 to 2007, we find that acquirers from countries with better governance gain more from such acquisitions and their gains are higher when targets are from countries with worse governance. Other acquirer country...
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Using a sample of control cross-border acquisitions from 61 countries from 1990 to 2007, we find that acquirers from countries with better governance gain more from such acquisitions and their gains are higher when targets are from countries with worse governance. Other acquirer country...
Persistent link: https://www.econbiz.de/10013131906
This paper investigates labor and profit share trends across Advanced Economies. It shows that Real Estate is the primary driver of declining labor shares outside the US. Excluding Real Estate, non-US labor and profit shares have remained relatively stable since the 1970s. By contrast, the US...
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Diversified farming systems have been promoted as a pathway to more sustainable agricultural production. Yet widescale adoption is slow partly due to doubts about the viability of farmer livelihoods on diversified farms and entrenched perceptions that monocultures are key to making farming...
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inefficiency, we find that corruption enhances a firm's profitability. A channel analysis further reveals that inflating staff …
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