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 …

Abstract In 1989, Global Finance Journal (GFJ) started publishing articles examining
financial topics from a global perspective. In 2018, the journal celebrated its 30th …

With the increasing phenomena of cross-border acquisition (CBA) activities in emerging
economies (EE), evidence about “distance” factors that make these economies attractive to …

Most of the growth in international production over the past decades has been via cross-
border mergers and acquisitions (CBM&As). Yet prior studies examining the trajectory of …

This study investigates the impact of mergers and acquisitions on US bidders and targets
involved in cross-border mergers of financial institutions. The findings indicate that while US …

Our study, utilizing logit and multiple regression models, tests the hypothesis that
macroeconomic variables, in particular bond yields, exchange rates, and stock prices …

We posit that country diversification via cross‐border mergers creates wealth by providing
benefits for firms that are not available to their shareholders. We hypothesize that these …

Purpose–The aim of this paper is to consider the short‐run performance of UK firms
acquiring foreign target firms over a period of 1994‐2003 and to explore the impact of deal …

In this paper, we examine the dynamic effects of key macroeconomic factors on the UK
crossborder mergers and acquisitions (CBM&A) outflows over the period 1987–2008. Using …

We examine the relationship between leverage and cross-border mergers and acquisitions.
Using a sample of 85,560 cross-border mergers and acquisitions in 57 countries over the …