Acquisitions and Foreign Competition
I provide evidence on the impact of foreign competition on firms' propensities to engage in mergers and acquisitions. Using import tariff reductions as an exogenous shock that increases foreign industry competition, I find that affected firms are more likely to make acquisitions following a tar...
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Language: | en_US |
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The University of Arizona.
2015
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Online Access: | http://hdl.handle.net/10150/555941 |