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 …

Although numerous studies analyze mergers and acquisitions (M&As) in and out of
developed economies (DE), a much smaller number of studies focus on M&As in and out of …

Purpose A significant stream of literature focuses on host countries' locations when
explaining why firms internalize some of their activities in specific countries. At first glance …

This paper presents an investigation of the relationship between home country institutional
quality and EMNE investments in tax havens. We develop a conceptual framework that …

This paper explores the relationship between mergers and acquisitions and firm
performance by running a partial least squares regression with the data of listed Chinese …

We argue that escape foreign direct investment (FDI) happens when unknown future “rules
of the game” cause concern about the continued productive capacity of the economy …

As globalization has intensified, multinational enterprises' investments have become a
sophisticated set of financial transactions that are difficult to monitor and classify by the …

We note that a non-trivial fraction of international acquisitions by emerging economy firms
are in tax havens. We argue that such acquisitions are driven by different motivations than …

Purpose Drawing attention to the significant number of unsuccessful (abandoned) cross-
border merger and acquisition (M&A) transactions in recent years, the purpose of this paper …

This paper points out new directions for the deepening and broadening of the institution-
based view, by drawing on three streams of research with which I have been involved …