Alquist, Ron; Berman, Nicolas; Mukherjee, Rahul; Tesar, … - 2018
foreign direct investment (FDI). We develop a model of cross-border acquisitions in which the foreign acquirer's choice of … of low institutional quality. Using a dataset of cross-border acquisitions in emerging markets, we find evidence … weakly on financial factors; (iii) the share of foreign acquisitions in all acquisition activity is also higher in external …