Koirala, Santosh 
ORCID: 0000-0002-0464-7376, Rao, Sandeep ORCID: 0000-0001-7752-4492, Aldhawyan, Sulaiman and Corbet, Shaen ORCID: 0000-0001-7430-7417
(2023)
Geopolitical risk and M&A: the role of national governance institutions.
Economics Letters, 225
.
ISSN 0165-1765
Abstract
Examining nineteen emerging economies from 1990 to 2018, we identify a positive effect of geopolitical risk on mergers and acquisition (M&A) deal frequency, driven mainly by an increase in domestic M&A. However, we find a negative effect of geopolitical risk on the M&A deal size, highlighting the deadweight cost created by the geopolitical risk. The quality of national governance moderates the deterring effect of geopolitical risk.
Metadata
| Item Type: | Article (Published) |
|---|---|
| Refereed: | Yes |
| Additional Information: | Article number: 111062 |
| Uncontrolled Keywords: | Geopolitical risk; Mergers and acquisitions; National institutions; Governance |
| Subjects: | Business > Economics Business > Finance Business > Managerial economics |
| DCU Faculties and Centres: | DCU Faculties and Schools > DCU Business School |
| Publisher: | Elsevier |
| Official URL: | https://doi.org/10.1016/j.econlet.2023.111062 |
| Copyright Information: | © 2023 The Authors. |
| ID Code: | 28108 |
| Deposited On: | 22 Mar 2023 14:13 by Sandeep Keshava Rao . Last Modified 22 Mar 2023 14:13 |
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