horizontal merger activity. We propose a theoretically-backed methodological approach to classify mergers that yields more … information on merger types and merger effects, and that can, moreover, distinguish between mergers characterized largely by … collusion-based synergies and mergers characterized largely by efficiency-based synergies. Crucial to the proposed measurement …

We analyze factors behind 23,213 distressed acquisitions in European emerging markets from 2007–2019. Besides the … probability of distressed acquisitions, followed by corruption control and progress in banking reforms. The impact of institutions …