Humphery-Jenner, Mark; Powell, Ronan - In: Journal of Corporate Finance 26 (2014) C, pp. 57-77
This paper examines the relationship between acquirer size, sovereign governance, and value-creation in acquisitions … primarily from agency and entrenchment problems. However, in weak governance environments, size might have off-setting benefits … magnitude in weak governance markets. Compared with larger acquirers in strong governance countries, large acquirers in weak …