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Purpose: This paper aims to investigate the role that institutional shareholders play in acquisition decisions using micro data in the Chinese stock market during 2003‐2008. Design/methodology/approach: Acquisition decision is the selection and coordination process of shareholders as strategic...
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We study the post acquisition R&D of both targets and acquirers involved in cross-border acquisitions by developing and estimating a two equation model that explicitly accounts for cross-border knowledge flows. We employ a sample of 3,243 firm-year observations, representing 299 cross-border...
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