Phillips, Gordon M.; Zhdanov, Alexei - 2018
incentivizes them to engage in more deals. We also explore the effects of country-level merger competition laws and also pro-takeover …We examine the relation between venture capital (VC) investments, M&A activity, and merger competition laws in 48 … countries around the world. We find evidence of a strong positive association between VC investments and lagged M&A activity …