This paper focuses on how corruption affects an important internationalization behavior of firms: the extent of control … most relevant, due to its broad effect on the economy, is corruption. Corruption can be thought of as anything that … specifically in the realm of M&A (see Weitzel and Berns, 2006). Although the level of corruption of the host countries is expected …

This research examines the relation between political corruption and mergers and acquisitions (M&As). We find that … local corruption increases firm acquisitiveness but decreases firm targetiveness. The levels of corruption in acquirer areas … relate positively to the bid premiums and negatively to the likelihood of deal completion. Corruption motivates acquiring …

undercutting public and private responses to corporate corruption.Firm transactional due diligence guidelines coupled with a …

We examine whether political corruption impedes mergers and acquisitions (M&As) decisions. Using a comprehensive sample … of Chinese firms, we find that corruption has a substantial, negative relation with the firm acquisitiveness. Further … attenuated by the Anti-corruption Campaign in 2012. Our results exist after a series of robustness tests. Additional tests show …