Florio, Massimo; Ferraris, Matteo; Vandone, Daniela - In: International Journal of Public Sector Management 31 (2018) 2, pp. 142-166
Purpose: This paper looks at state-owned enterprises (SOEs) from the angle of the market for corporate control and analyzes in detail the reported rationales of a sample of 355 mergers and acquisition (M&A) deals performed by SOEs as acquirers over the period 2002-2012. The purpose of this...