Implications Of Cross-Border Mergers and Acquisitions By TNCs in Developing Countries: A Beginner's Guide

Sanjaya Lall

QEH Working Papers from Queen Elizabeth House, University of Oxford

Abstract: International mergers and acquisitions have become the preferred mode of overseas investment by multinational companies, accounting for the bulk of FDI in the developed world and for increasing shares in the developing world. However, many governments express concern about this mode of MNC entry, preferring 'greenfield' investments to the takeover of national firms. This paper provides an overview of the main economic costs and benefits that may be involved and argues that M&As do have costs but these may be over-stated.

New Economics Papers: this item is included in nep-afr, nep-com, nep-ifn and nep-ind
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://workingpapers.qeh.ox.ac.uk/RePEc/qeh/qehwps/qehwps88.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to workingpapers.qeh.ox.ac.uk:80 (A connection attempt failed because the connected party did not properly respond after a period of time, or established connection failed because connected host has failed to respond.)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:qeh:qehwps:qehwps88

Access Statistics for this paper

More papers in QEH Working Papers from Queen Elizabeth House, University of Oxford Queen Elizabeth House 3 Mansfield Road, Oxford, OX1 3TB United Kingdom. Contact information at EDIRC.
Bibliographic data for series maintained by IT Support ().