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Over the past few decades, the rapid growth of mergers and acquisitions (M&As) has received interest from academics and practitioners. While M&As continue to be the subject of thorough investigation from a corporate governance standpoint, comparatively less effort has been made to organize and...
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investments is that they have firm-specific advantages with respect to host country firms. We show that no such advantages are … production costs in the host country. Firms endowed with lower quality might make direct investments to benefit from …
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production. Without any markets for hedging an increase in exchange rate risk lowers foreign investments and output. However …
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production. Without any markets for hedging an increase in exchange rate risk lowers foreign investments and output. However …
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