Policy uncertainty has been documented to have a significant impact on corporate investment decisions. This paper investigates the effect of policy uncertainty on cross-border acquisitions. We find a significant monotonic relationship between the size of the acquired equity stake in a target...

This paper addresses two of the most important questions in the bidder's acquisition planning: Should they acquire a domestic or cross-border target? Acquire partial- or full-control? In the context of eight East and Southeast Asian countries with a takeover wave following the 1997-1998 Asian...

The principal aim of the paper is to examine the impact of country-level factors on acquisition activity, and then explore the characteristics as well as the determinants of the takeover choice decision and the gains to target firms in South and East Asian economies. Consistent with the...