The impact of migration on the cross-border M&A: some evidence for Japan
Etzo, Ivan
Writing - Original Draft Preparation
;
2018-01-01
Abstract
Facing the rapidly ageing society and shrinking of markets at home, Japanese firms are expanding outbound mergers and acquisitions (M&A) activity at a record pace. This study examines the determinants of Japanese cross-border M&A activity focusing on the role of migrant networks in overcoming the informational barriers to such activity. Migrants include immigrants residing in Japan as well as Japanese citizens residing abroad. Our results suggest that the presence of immigrants and of Japanese citizens residing abroad both increase the probability of acquiring assets in a potential target country. Moreover, both communities exert positive effects on the number and value of outbound M&A deals.File | Size | Format | |
---|---|---|---|
Etzo & Takaoka_2018-WE_The impact of migration on the cross-border M&A Some evidence for Japan.pdf Solo gestori archivio
Description: Articolo principale
Type: versione editoriale
Size 925.17 kB
Format Adobe PDF
|
925.17 kB | Adobe PDF | & nbsp; View / Open Request a copy |
Etzo-Takaoka_2018-WE_post-print_The impact of migration on the CB M&A Some evidence from Japan.pdf open access
Description: Articolo principale
Type: versione post-print
Size 464.79 kB
Format Adobe PDF
|
464.79 kB | Adobe PDF | View/Open |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.