Ning, Lutao; Kuo, Jing-Ming; Strange, Roger; Wang, Boya - In: International Business Review 23 (2014) 4, pp. 811-823
How do international investors react to announcements of cross-border mergers and acquisitions (CM&As) by emerging market multinational enterprises (EMNEs)? Using a unique and manually-constructed firm-level dataset, this paper examines the stock price reactions to CM&A announcements made over...