Narrow search
Showing 1 - 10 of 6,337
Cover Image
Institutional Distance Factors Influencing on Firm Performance : A Hypothetical Framework from Cross-Border Mergers and Acquisitions
Hasan, Md - 2017
Cross-border mergers and acquisitions (CBMAs) have long been used as an important strategy for firms' international strategic expansion. Thus, CBMAs have become an increasingly important approach utilized by a large number of firms in multiple regions across the globe. It has gained in...
Persistent link: https://www.econbiz.de/10012947032
Cover Image
It's the market power, stupid! : stock return patterns in international bank M&A
Hankir, Yassin; Rauch, Christian; Umber, Marc - 2009
of targets, bidders, and their peers upon takeover announcement, and closing or withdrawal. We distinguish five common M … investors believe in gains through the exploitation of market power by the post-merger entity. In a multinomial logistic model …
Persistent link: https://www.econbiz.de/10003893085
Cover Image
What determines M&A legal and financial advisors' competitiveness in an international financial centre : using China’s going out policy as a natural experiment
Michael, Bryane; Wojick, Dariusz; Arner, Douglas W.; … - 2015
Roughly 60% of all publically announced advisors to China's "Going Out" M&A transactions from 2000 to 2014 were from international financial centres (representing over 70% of deal value). Why did advisors, located so far away from both acquirer and target, manage to dominate the M&A advisory...
Persistent link: https://www.econbiz.de/10011281994
Cover Image
Countries of a feather flock together
Marrewijk, Charles van; Garita, Gus - 2008 - This version: September 2008
We analyze the economic forces underlying cross-border Mergers and Acquistions (M&As) using a large bilateral panel data set. The frequent occurrence of zero observations provides essential information on the structure of M&A flows, which we model empirically using a two-stage procedure. At the...
Persistent link: https://www.econbiz.de/10011376623
Cover Image
Cross-border M&A and innovative activity : firm-level evidence
Stiebale, Joel - 2012
association with post-merger patenting is mainly driven by patents invented in the countries of the acquirers headquarter and its …
Persistent link: https://www.econbiz.de/10009667478
Cover Image
Effects of territorial and worldwide corporation tax systems on outbound M&As
Feld, Lars P.; Ruf, Martin; Scheuering, Uwe; Schreiber, … - 2013
Repatriation taxes reduce the competitiveness of multinational firms from tax credit countries when bidding for targets in low tax countries. This comparative disadvantage with respect to bidders from exemption countries violates ownership neutrality, which results in production inefficiencies...
Persistent link: https://www.econbiz.de/10010199701
Cover Image
Effects of territorial and worldwide corporation tax systems on outbound M&As
Feld, Lars P.; Ruf, Martin; Scheuering, Uwe; Schreiber, … - 2013
Repatriation taxes reduce the competitiveness of multinational firms from tax credit countries when bidding for targets in low tax countries. This comparative disadvantage with respect to bidders from exemption countries violates ownership neutrality, which results in production inefficiency due...
Persistent link: https://www.econbiz.de/10010204646
Cover Image
Causes and consequences of merger waves
Kleinert, Jörn; Klodt, Henning - 2002
This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability … and employment. A brief survey of previous merger waves and an analysis of the recent one give support to the hypothesis … that sectoral shocks are at the root of merger waves. Deregulation and globalization are identified as the shocks …
Persistent link: https://www.econbiz.de/10011490438
Cover Image
Do intellectual property rights influence cross-border mergers and acquisitions?
Campi, Mercedes; Dueñas, Marco; Barigozzi, Matteo; … - 2016
This paper analyses whether the strengthening of intellectual property rights (IPRs) systems affects decisions of cross-border mergers and acquisitions (M&As), and whether their influence is different for developed and developing countries and across industrial sectors. We estimate an extended...
Persistent link: https://www.econbiz.de/10011509119
Cover Image
Antitrust in the Skies : The United and Olympic Airline Mergers
Dickerson, Justin - 2012
This Article explores the 2010 merger of United Airlines and Continental Airlines - which usurped Delta's briefly …-held title as the world's largest airline - as well as the failed merger of Greece's two largest airlines, Olympic Air and Aegean … United and Continental merger, explaining pertinent portions of each airline's corporate history over the past 10 years …
Persistent link: https://www.econbiz.de/10013114723