Global outsourcing has become an economic imperative for many major corporations worldwide, but at the same time, it has brought substantial risks and uncertainties to these firms. In this study, we examine whether global outsourcing of goods or services shapes U.S. corporate disclosure...

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...