Login (DCU Staff Only)
Login (DCU Staff Only)

DORAS | DCU Research Repository

Explore open access research and scholarly works from DCU

Advanced Search

Geopolitical risk and M&A: the role of national governance institutions

Koirala, Santosh orcid logoORCID: 0000-0002-0464-7376, Rao, Sandeep orcid logoORCID: 0000-0001-7752-4492, Aldhawyan, Sulaiman and Corbet, Shaen orcid logoORCID: 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
Documents

Full text available as:

[thumbnail of SSRN Geopolitical risk and M&A The Role of National Governance Institutions.pdf]
Preview
 PDF - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
Creative Commons: Attribution 4.0
631kB
Downloads

Downloads

Downloads per month over past year

Archive Staff Only: edit this record