Impact of double taxation treaties on cross-border acquisitions
In order to evaluate the impact of Double Taxation Treaties (DTTs) on the Foreign Direct Investment (FDI), we analysed the impact of a DTT implementation on both the number of cross-border acquisitions and the average value of M&A deals between companies from the countries that signed the DTT. M...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Coimbra University Press
2019-06-01
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| Series: | Notas Económicas |
| Subjects: | |
| Online Access: | https://impactum-journals.uc.pt/notaseconomicas/article/view/6660 |
| _version_ | 1818514095746318336 |
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| author | Catarina Pinto Miguel Sousa |
| author_facet | Catarina Pinto Miguel Sousa |
| author_sort | Catarina Pinto |
| collection | DOAJ |
| description | In order to evaluate the impact of Double Taxation Treaties (DTTs) on the Foreign Direct Investment (FDI), we analysed the impact of a DTT implementation on both the number of cross-border acquisitions and the average value of M&A deals between companies from the countries that signed the DTT. Moreover, the impact of DTTs on the takeover bid premiums is analysed in order to access if companies are willing to pay higher premiums after the DTT is implemented and whether the impact on the premium is immediate or gradual. Overall, our findings lead us to conclude that DTTs effectively promote FDI. |
| first_indexed | 2024-12-11T00:10:31Z |
| format | Article |
| id | doaj.art-99d70276bdd44f73932941d2b188ea5e |
| institution | Directory Open Access Journal |
| issn | 0872-4733 2183-203X |
| language | English |
| last_indexed | 2024-12-11T00:10:31Z |
| publishDate | 2019-06-01 |
| publisher | Coimbra University Press |
| record_format | Article |
| series | Notas Económicas |
| spelling | doaj.art-99d70276bdd44f73932941d2b188ea5e2022-12-22T01:28:09ZengCoimbra University PressNotas Económicas0872-47332183-203X2019-06-014810.14195/2183-203X_48_2Impact of double taxation treaties on cross-border acquisitionsCatarina PintoMiguel SousaIn order to evaluate the impact of Double Taxation Treaties (DTTs) on the Foreign Direct Investment (FDI), we analysed the impact of a DTT implementation on both the number of cross-border acquisitions and the average value of M&A deals between companies from the countries that signed the DTT. Moreover, the impact of DTTs on the takeover bid premiums is analysed in order to access if companies are willing to pay higher premiums after the DTT is implemented and whether the impact on the premium is immediate or gradual. Overall, our findings lead us to conclude that DTTs effectively promote FDI.https://impactum-journals.uc.pt/notaseconomicas/article/view/6660Double taxation treaties; cross-border acquisitions; takeover bid premiums; foreign direct investment. |
| spellingShingle | Catarina Pinto Miguel Sousa Impact of double taxation treaties on cross-border acquisitions Notas Económicas Double taxation treaties; cross-border acquisitions; takeover bid premiums; foreign direct investment. |
| title | Impact of double taxation treaties on cross-border acquisitions |
| title_full | Impact of double taxation treaties on cross-border acquisitions |
| title_fullStr | Impact of double taxation treaties on cross-border acquisitions |
| title_full_unstemmed | Impact of double taxation treaties on cross-border acquisitions |
| title_short | Impact of double taxation treaties on cross-border acquisitions |
| title_sort | impact of double taxation treaties on cross border acquisitions |
| topic | Double taxation treaties; cross-border acquisitions; takeover bid premiums; foreign direct investment. |
| url | https://impactum-journals.uc.pt/notaseconomicas/article/view/6660 |
| work_keys_str_mv | AT catarinapinto impactofdoubletaxationtreatiesoncrossborderacquisitions AT miguelsousa impactofdoubletaxationtreatiesoncrossborderacquisitions |