foreign firms' inbound acquisitions, especially when the host country poses greater expropriation risk. An upcoming home …

financial reporting systems. We hypothesize that foreign firms are tax- favored acquirers because they can avoid the U.S. tax on … more likely to be acquired by foreign than domestic acquirers. This effect is economically significant; a standard … acquirer is foreign. As the tax advantages for a foreign firm acquiring a U.S. target with locked-out earnings are even greater …

prohibitively high. We disaggregate foreign direct investment (FDI) into two distinct varieties: mergers and acquisitions (M&A) and …

investigate the impact of foreign acquisition on state-owned banks' risk-taking using differences-in-differences and matching … estimators. We find that foreign acquisition has a reducing effect on state-owned banks' risk-taking and this effect is … depends on the percentage of foreign ownership, the local business involvement of the foreign investors, and the number of …

-border mergers by protecting the property rights of foreign acquirers. Exploiting the staggered adoption and bilateral nature of the …

. According to the 'fire-sale FDI' hypothesis, countries affected by a crisis attract foreign buyers selling assets at a discount … sovereign default risk and lower economic demand attracted more foreign buyers in the crisis, lower domestic credit is …