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The effect of local corruption on ownership strategy in cross-border mergers and acquisitions

Maria Chiara Di Guardo, Emanuela Marrocu and Raffaele Paci

Journal of Business Research, 2016, vol. 69, issue 10, 4225-4241

Abstract: This paper focuses on how corruption affects an important internationalization behavior of firms: the extent of control – wholly owned subsidiary or equity participation – exercised by firms involved in cross-border mergers and acquisitions.

Keywords: Mergers and acquisitions; Corruption; Ownership strategy; Industry relatedness (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (25)

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Working Paper: The effect of local corruption on ownership strategy in cross border mergers and acquisitions (2015) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:69:y:2016:i:10:p:4225-4241

DOI: 10.1016/j.jbusres.2016.03.002

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