Cross-border M&A outflows and government size

被引:3
|
作者
Ashraf, Ayesha [1 ]
机构
[1] Punjab Econ Res Inst, Planning & Dev Board, Lahore, Pakistan
关键词
Cross-border mergers and acquisitions outflows; government size; panel data; efficiency Hypothesis; GLOBALIZATION;
D O I
10.1080/13504851.2020.1789056
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article examines the effect of cross-border mergers and acquisitions (M&A) outflows on government size in home countries. We focus on up to 89 developed and developing economies during the period 1996-2018. The results show that cross-border M&A outflows decrease the government size in total sample as well as in sub-samples of developed and developing countries. The results are stable across different econometric specifications and provide support to theefficiency hypothesis.
引用
收藏
页码:964 / 967
页数:4
相关论文
共 50 条
  • [31] Contracting Costs and Information Asymmetry Reduction in Cross-Border M&A
    Boeh, Kevin K.
    [J]. JOURNAL OF MANAGEMENT STUDIES, 2011, 48 (03) : 568 - 590
  • [32] Cross-border M&A and Shareholder Wealth: Evidence from China
    Zhao Yuhua
    [J]. PROCEEDINGS OF THE 3RD (2011) INTERNATIONAL CONFERENCE ON FINANCIAL RISK AND CORPORATE FINANCE MANAGEMENT, VOLS 1 AND 2, 2011, : 317 - 324
  • [33] Planning for Cross-Border M&A of "Mono-tax" Company
    Li Xiu-hua
    [J]. 2012 INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE & ENGINEERING, 2012, : 1528 - 1534
  • [34] The Search for Value: Cross-border Bank M&A in Emerging Markets
    Jonathan Williams
    Angel Liao
    [J]. Comparative Economic Studies, 2008, 50 (2) : 274 - 296
  • [35] Tracing environmental sustainability footprints in cross-border M&A activity
    Ahmad, Muhammad F.
    Aziz, Saqib
    Michiels, Yannick
    Nguyen, Duc Khuong
    [J]. EUROPEAN FINANCIAL MANAGEMENT, 2024, 30 (03) : 1165 - 1195
  • [36] The impact of political freedoms on cross-border M&A abandonment likelihood
    Myznikava, Katsiaryna
    Farinha, Jorge
    [J]. QUARTERLY REVIEW OF ECONOMICS AND FINANCE, 2023, 91 : 112 - 138
  • [37] Can cross-border M&A create value for Chinese acquirers?
    Lu, Yao
    Yan, Cong
    Zhu, Yujie
    [J]. Qinghua Daxue Xuebao/Journal of Tsinghua University, 2011, 51 (08): : 1145 - 1154
  • [38] Can ESG mitigate the diversification discount in cross-border M&A?
    Kim, Byoung-jin
    Jung, Jin-young
    Cho, Sung-woo
    [J]. BORSA ISTANBUL REVIEW, 2022, 22 (03) : 607 - 615
  • [39] Top Management Team Heterogeneity and the Performance of Cross-Border M&A
    Wu, Yingna
    Ding, Liang
    Song, Xuan
    Chen, Jun
    [J]. SAGE OPEN, 2023, 13 (02):
  • [40] Cross-border M&A as a trigger for network change in the Russian bakery industry
    Degbey, William
    Pelto, Elina
    [J]. JOURNAL OF BUSINESS & INDUSTRIAL MARKETING, 2013, 28 (03) : 178 - 189