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Democracy as a Fundamental Determinant of Cross-Border Merger Activity
Corporate Finance | Political Economy

Democracy as a Fundamental Determinant of Cross-Border Merger Activity

ByThomas Lambert Posted onSeptember 6, 2022December 4, 2024

Does democracy shape international merger activity? If so, how? The short answer is yes because democratic institutions are conducive to higher-quality corporate governance. In a new paper, we examine 104,425…

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