display a higher rate of domestic expenditures for research and development. After controlling for endogeneity of foreign … those of Greenfield foreign direct investments and domestic M&As. -- Multinational enterprises ; mergers and acquisitions …

foreign acquisitions during crises is mainly driven by non-financial acquirers targeting firms in the same industry rather … than foreign financial firms. This increase in acquisition activity in a given industry is unrelated to the industry … the effect of crises on emerging-market mergers and acquisitions, we find little evidence that foreign acquisitions are …

This paper empirically analyses the effect of foreign block acquisitions on the U.S. target firms' credit risk as … captured by their CDS. The involvement of foreign investors leads to a significant increase in the target firms' CDS spreads …. This effect is stronger when foreign owners are geographically and culturally more distant, and when they obtain majority …

We develop a model of foreign direct investment (FDI) in which financially liquid foreign firms acquire liquidity … the model: (i) firms in external finance dependent and intangible sectors are more likely to be targets of foreign … acquisitions; (ii) these targets have ownership structures with larger foreign stakes; (iii) these effects are most prominent in …

diversified M&A than RECs. With respect to foreign investment, the study finds a linear relationship between FITs and cross … in those countries might have deterred the entry of foreign investors. …