The paper shows that the standing of theory in the field of mergers and acquisitions is weak for at least three reasons. Research is best described as a battlefield of ad hoc theory testing leaving behind a fragmented field. Research has focused traditionally on high intensity markets under the...

Quality of institutions has been found to positively affect Foreign Direct Investment (FDI) flows. This, however, fails to explain the flow of FDI into countries with poor quality of institutions like India and China. This paper shows that FDI flows in the form of cross border mergers and...

Cross-border mergers and acquisitions (CBMAs) have long been used as an important strategy for firms' international strategic expansion. Thus, CBMAs have become an increasingly important approach utilized by a large number of firms in multiple regions across the globe. It has gained in...