Showing 1 - 10 of 8,097
Persistent link: https://www.econbiz.de/10010265749
This paper examines the determinants of mergers and bankruptcies, using firm level data from the Swiss Business Census and the Dun & Bradstreet exit database for Switzerland (1995-2000). Employing duration analysis, we find considerable differences in the determinants of mergers and...
Persistent link: https://www.econbiz.de/10010315602
the authors estimate positive wage premia of cross-border merger and acquisitions (M&As), suggesting that foreign …
Persistent link: https://www.econbiz.de/10010309046
By combining two large data sets (on international trade flows and on mergers and acquisitions – M&As), we are able to …
Persistent link: https://www.econbiz.de/10010275774
Using a detailed and large data set on cross-border merger and acquisitions we discuss the relationship between theory … marketseeking', (iii) M&As come in waves (the most recent wave is still unfolding), (iv) economic integration (international … these stylized facts drive and should drive recent theoretical contributions in the field of international economics that …
Persistent link: https://www.econbiz.de/10010275794
Technological change is often hypothesized as one of the main drivers of merger activities. This paper analyzes the … structural model to investigate technology-related motivations behind merger formation. Distinguishing between cross-border and … domestic M&As. The relevance of technology for crossborder M&As further illustrates the international character of technology …
Persistent link: https://www.econbiz.de/10010295834
By combining two large data sets (on international trade flows and cross-border mergers and acquisitions – M&As), we … interaction between firms in a general equilibrium setting). In terms of economic importance, the dominant merger wave variable is … a positive global-all effect, indicating that M&A waves are an economy-wide, global phenomenon. Country-specific merger …
Persistent link: https://www.econbiz.de/10010325855
1999 to 2006. Applying propensity score matching techniques we estimate positive wage premiums of cross-boarder merger and …
Persistent link: https://www.econbiz.de/10011435339
FDI is an important channel for productivity spillovers across economies. But productivity and employment effects of cross-border mergers and acquisitions (M&A) on multinational firms are rather unclear and much disputed. We empirically analyze the effects of cross-border M&A on the performance...
Persistent link: https://www.econbiz.de/10010281609
This paper uses an endogenous merger formation approach in a concentrated international oligopoly to examine the … effects of trade liberalization on the nature of merger incentives (national vs. international). The effects of unilateral … liberalization has been accompanied by an increase in international merger activity. Among equilibrium market structures …
Persistent link: https://www.econbiz.de/10011325079