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communication play a pivotal role in acquiring foreign knowledge from multinational enterprises (MNEs) in the CBAs formed after the … crisis. Integration into foreign network and participation of foreign expatriates are significant determinants irrespective …
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This study examines foreign investors' trading behaviors around merger and acquisition (M&A) announcements in the … Korean stock market (both KOSPI and KOSDAQ markets). We find evidence that foreign investors are more likely to buy target … stocks with larger wealth effects on the KOSPI market. In contrast, our results reveal that both foreign and domestic …
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This paper examines how the distribution of target ownership is related with takeover premium in owner-manager dominant …
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