The value of foreign ownership

<p>We use firm level data on cross-border mergers and acquisitions and share prices to explore the extent to which foreign ownership increases the profitability of firms in emerging markets. We find that cross-border ac¬quisitions add value to target firms. However, there is onl...

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Bibliographic Details
Main Author: John Romalis
Format: Article
Language:English
Published: University of Ljubljana 2011-12-01
Series:Economic and Business Review
Online Access:http://www.ebrjournal.net/ojs/index.php/ebr/article/view/81