Tax competition ¬タヤ Greenfield investment versus mergers and acquisitions

Source versus Residence Based Taxation with International Mergers and Acquisitions

This paper analyses tax competition and tax coordination in a model where capital flows occur in the form of mergers and acquisitions, rather than greenfield investment. In this framework, we show that differences in residence based taxes do not necessarily distort international ownership patterns. Moreover, tax competition yields globally efficient levels of source based corporate income taxes...

Assessing External and Internal Factors Influencing Foreign Direct Investment in Emerging Countries: A Comparison between Mergers and Acquisitions and Greenfield Investment By

Cross Border Mergers and Acquisitions by Indian firms-An Analysis of Pre and Post Merger performance

The corporate sector all over the world is restructuring its operations through different types  of  consolidation  strategies  like  mergers  and  acquisitions  in  order  to  face challenges  posed  by  the  new  pattern  of  globalization,  which  has  led  to  the  greater integration of national and international markets.. The intensity of cross-border operations recorded an unprecedented ...

Implications of Cross-Border Mergers and Acquisitions by TNCs in Developing Countries: A Beginner’s Guide

International mergers and acquisitions have become the preferred mode of overseas investment by multinational companies, accounting for the bulk of FDI in the developed world and for increasing shares in the developing world. However, many government s express concern about this mode of MNC entry, preferring 'greenfield' investments to the takeover of national firms. This paper provides an over...

Migrant Networks, Greenfield FDI, and Cross-border Mergers and Acquisitions

We study the relationship between international migration and foreign direct investment (FDI), differentiating between the two modes of entry: greenfield FDI and cross-border mergers and acquisitions (M&A). Greenfield FDI is often favored over cross-border M&A (i.e., brownfield FDI) by host countries because it is associated with greater job creation and technology transfers. This implies highe...