From the economic point of view, common law is more efficient than civil law. Is this recent statement published in an economic report valid for mergers and acquisitions (M&A)? The main objective of this paper is to compare the legal performance of M&A in France and in the United States. The...

In a Doing Business report published by the World Bank, the following statement was suggested: “From the economic point of view, common law is more efficient than civil law”. The objective of this research paper is to weigh two legal systems (French civil law and the U.S. common law) and...