This article, to date, is the first to consolidate, review, and integrate over 250 earlier studies
that examine the country-specific determinants of cross-border mergers and acquisitions …

An emerging new literature brings unique ideas from corporate finance to the study of
international trade and investment. Insights about differences in the development of financial …

This paper empirically investigates the various effects that source and destination countries'
financial development (SFD and DFD respectively) have on foreign direct investment (FDI) …

The vast majority of cross‐border mergers involve private firms outside of the United States.
We analyze a sample of 56,978 cross‐border mergers between 1990 and 2007. We find that …

This paper analyzes the behavior of international capital flows by foreign and domestic
agents, dubbed gross capital flows, over the business cycle and during financial crises. We …

We survey the theory and evidence of behavioral corporate finance, which generally takes
one of two approaches. The market timing and catering approach views managerial …

We examine the effects of political uncertainty on cross-border capital flows using election
timing as a source of fluctuations in political uncertainty. FDI flows from US companies to …

Prior stock price peaks of targets affect several aspects of merger and acquisition activity.
Offer prices are biased toward recent peak prices although they are economically …

Research in behavioral corporate finance takes two distinct approaches. The first
emphasizes that investors are less than fully rational. It views managerial financing and …

We test whether stock market mispricing or private investor information in stock prices affects
corporate investment. We develop an econometric methodology that disentangles stock …