Jory, Surendranath R.; Ngo, Thanh N. - In: Applied Financial Economics 21 (2011) 24, pp. 1859-1872
We study the short- and long-term effects of acquiring targets that are government owned, which we refer to as Government-Owned Corporations (GOCs). Our sample of acquirers consists of US-listed public corporations, while the targets are GOCs based outside the US. In comparison to acquisitions...