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Due to the differences in the merger waves across markets, the market for cross-border mergers and acquisitions by …
Persistent link: https://www.econbiz.de/10012036509
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Over the past decade, foreign direct investment (FDI) around the world has nearly tripled, and with this surge have … historical trends, specific country experiences, developments in the semiconductor industry, and variations in international … in Semiconductors -- 8. International Corporate Equity Associations: Who, Where, and Why? -- 9. Foreign Mergers and …
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access to the rest of the world (through transport hubs) are key drivers for target selection. …
Persistent link: https://www.econbiz.de/10010515424
National borders are still strong barriers for mergers and acquisitions in Europe. We estimate a gravity equation model based on NUTS 2-regions and find that the restraining impact of national borders decreased by about a third between 1990 and 2007. However, there has been no significant change...
Persistent link: https://www.econbiz.de/10008697426
Merger (RM) firms. We provide evidence that, contrary to the popular focus by the business press, earnings management happens … in both U.S. and international RM companies. We find that firm-characteristics are more indicative of the likelihood to … reverse merger. Results of tests on these firm-level factors indicate that the differences in earnings quality are both …
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This study shows that domestic mergers and acquisitions (M&A) were inhibited by the U.S.'s worldwide tax policy on foreign-earned income. Double Irish structures, a complex web of subsidiaries that reduce foreign tax rates and therefore increase potential repatriation tax rates, are associated...
Persistent link: https://www.econbiz.de/10012934507
Harris and O’Brien (2018) investigate whether U.S. tax policy distorts U.S. multinationals’ (MNCs) investment. They find that MNCs facing higher repatriation tax costs engage in fewer domestic acquisitions. The study re-examines the results in two prior studies that found no effect (Hanlon...
Persistent link: https://www.econbiz.de/10013248899