Die 'Deutschland AG' hat ausgedient. Daimler und Porsche brauchen demnächst eine Standleitung nach Katar. Die Wadan-Werften sind in russischer, die Steigenberger Hotels in ägyptischer Hand. Inder kaufen deutsche Bekleidungsketten, Chinesen Maschinenbauunternehmen. Wenn es so weitergeht, wird...

The paper provides evidence that shareholders of acquirer Indian corporations engaging in cross-border transactions experience a statistically significant positive average abnormal return on the announcement day as well as cumulative average abnormal returns over multi-day event windows. The...

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...