THE DYNAMICS OF INTERNATIONAL MERGERS AND ACQUISITIONS Page 1 Electronic
copy available at: http://ssrn.com/abstract=1572005 THE DYNAMICS OF INTERNATIONAL …

Over the past two decades, cross-border M&As have totaled over eight trillion dollars and
have fluctuated widely from year to year. In this paper, I establish four key facts about the …

The more the target knows about the bidder, the more difficult is paying the target with
overpriced bidder shares. Thus, when bidders are opportunistic, the fraction of stock in the deal …

We investigate benefits to business borrowers from bank bailouts, specifically the Troubled
Asset Relief Program (TARP). Applying difference‐in‐difference methodology to loan‐level …

We find that financial misreporting in China is less likely if a firm’s province is more financially
developed, if its largest shareholder holds more shares, or if the firm is in a government-…

We study effects of Troubled Asset Relief Program (TARP) on loan contract terms to business
borrowers. Using difference-in-differences, we find more favorable loan contract terms in …

We study how bank monitoring affects corporate fraud in China. Financial We study how
bank monitoring affects corporate fraud in China. Financial misreporting is less prevalent in …

Using the establishment of US-China Permanent Normal Trade Relation as a plausibly
exogenous shock, we study the effect of trade liberalization on domestic entrepreneurial entry …

Foreign banks are often accused of spreading or exacerbating the consequences of financial
crises. Research is often handicapped by incomplete datasets–using aggregate or portfolio…

Even though developing economies are more volatile, firms in developed countries hold
more cash and less debt.