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