The Effect of Target-Country Institutions on Cross-Border Merger and Acquisition Activity: A Quantitative Literature Survey

In this paper, we synthesize and compare 2,961 estimates extracted from 90 papers on the effect of target-country institutions on cross-border merger and acquisition (CBMA) intensity and premia. The synthesis results show statistically significant effects of institutional quality, cultural similari...

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Bibliographic Details
Main Authors: Josef C. Brada, Ichiro Iwasaki
Format: Article
Language:English
Published: SGH Warsaw School of Economics, Collegium of Economic Analysis 2022-06-01
Series:Econometric Research in Finance
Subjects:
Online Access:https://www.erfin.org/journal/index.php/erfin/article/view/164