haku: @indexterm Mergers / yhteensä: 2376
viite: 11 / 2376
Tekijä: | Boeh, K. K. |
Otsikko: | Contracting costs and information asymmetry reduction in cross-border M&A |
Lehti: | Journal of Management Studies
2011 : MAY, VOL. 48:3 p. 568-590 |
Asiasana: | consolidation mergers costs information asymmetric information purchasing companies |
Kieli: | eng |
Tiivistelmä: | This article investigates the contracting costs of making mergers and acquisitions (M&A), develops a theoretical model of the information asymmetry involved, and indicates how buying companies use several mechanisms to reduce such asymmetry by using a sample of over 3000 M&As. The findings indicate that buyers in cross-border situations are more likely to employ mechanisms to influence information asymmetry, while the employment of these mechanisms has an effect on contracting costs. |
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