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Showing 1 to 1 of 1 for “"Firm-level political risk"”.
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Does Firm-Level Political Risk Affect Mergers and Acquisitions?
In this study I examine how a firm’s exposure to political risk affects its merger & acquisition (M&A) activities. Consistent with the predictions from real options theory, I find that a firm is less likely to engage in M&A activities and less likely to take large M&A deals when its exposure to …