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Globalization, Governance, and the Returns to Cross-Border Acquisitions

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NBER2011-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16676
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Using a sample of control cross-border acquisitions from 61 countries from 1990 to 2007, we find that acquirers from countries with better governance gain more from such acquisitions and their gains are higher when targets are from countries with worse governance. Other acquirer country

本研究使用1990年至2007年间来自61个国家的控制性跨境并购样本,发现治理水平更优国家的收购方从此类并购中获益更多,且当目标公司来自治理水平较差的国家时,其获益程度更高。其他收购方国家
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2011-01-01
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