dc.contributorGonzález Ferrero, Maximiliano
dc.contributorDesai, Pranav
dc.contributorAnjos, Fernando
dc.creatorÁngel Hernández, Sebastián
dc.date.accessioned2023-06-05T21:23:55Z
dc.date.accessioned2023-09-07T02:02:25Z
dc.date.available2023-06-05T21:23:55Z
dc.date.available2023-09-07T02:02:25Z
dc.date.created2023-06-05T21:23:55Z
dc.date.issued2021-09-20
dc.identifierhttp://hdl.handle.net/1992/67190
dc.identifierinstname:Universidad de los Andes
dc.identifierreponame:Repositorio Institucional Séneca
dc.identifierrepourl:https://repositorio.uniandes.edu.co/
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/8728898
dc.description.abstractEmployment protection legislation (EPL), i.e.,hiring and dismissal regulationsaffects thedynamics ofcross-border M&A activity in recipientcountries. By disaggregating the EPL yearly country index prepared by the OECD and linking itto the proportion offoreign capital entering a target country via M&A mechanism, itis shownthat the regulatory framework for unfair dismissals dimensionandnot the other variablescomposing the indexis the factor driving a positive and significant relation on inter-country M&A activity. The results imply that this element should be consideredasan importanttool in the decision-makingprocess for policymakersand corporate practitioners.
dc.languageeng
dc.publisherUniversidad de los Andes
dc.publisherMaestría Internacional en Finanzas
dc.publisherFacultad de Administración
dc.relationAlimov, Azizjon. 2015. "Labor market regulations and cross-border." Journal of International Business Studies46: 984-1009.
dc.relationBassanini, Andrea, and Andrea Garnero. 2013. "Dismissal protection and worker flows in OECD countries: Evidence from cross-country/cross-industry data." Labour Economics21: 25-41.
dc.relationBley, Jorg, and Jeff Madura. 2003. "Intra-industry and Inter-Country Effects of European Mergers." Journal of Economics and Finance27 (3): 373-395.
dc.relationBlomstrom, M., G. Fors, and R. Lipsey. 1997. "Foreign Direct Investment and Employment: Home Country Experience in the United States and Sweden." The Economic Journal107 (445): 1787-1797.
dc.relationBlonigen, Bruce A., Lionel Fontagné, Nicholas Sly, and Farid Toubal. 2014. "Cherries for sale: The incidence and timing of cross-border M&A." Journal of International Economics94 (2): 341-357.
dc.relationBoateng, Agyenim, Min Du, XiaoGang Bi, and Lodorfos George. 2019. "Cultural distance and value creation of cross-border M&A: The moderating role of acquirer characteristics." International Review of Financial Analysis63: 285-295.
dc.relationBorensztein, E., J. Gregorio, and J. Lee. 1998. "How Does Foreign Direct Investment Affect Economic Growth?" Journal of International Economics 45,45: 115-135.
dc.relationBotero, Juan C, Simeon Djankov, Rafael La Porta, Florencio Lopez-De-Sinales, and Andrei Shleifer. 2004. "The Regulation Of Labor." Quaterly Journal of Economics119 (3): 1339-1382.
dc.relationChen, Chunlai, and Christopher Findlay. 2003. "A Review of Cross-border Mergers and Acquisitions in APEC." Asian-Pacific Economic Literature17 (2): 14-38.
dc.relationConyon, Martin J., Sourafel Girma, Steve Thompson, and Peter W. Wright. 2002. "The impact of mergers and acquisitions on company employment in the United Kingdom." European Economic Review46 (1): 31-49.
dc.relationDang, Man, Darren Henry, Nguyen Toan Manh, and Anh Hoang Viet. 2018. "Cross-country determinants of ownership choices incross-border acquisitions: Evidence from emerging markets." Journal of Multinational Financial Management44: 14.35.
dc.relationDewit, Gerda, Holger Görg, and Catia Montagna. 2009. "Should I Stay or Should I Go? Foreign Direct Investment, Employment Protection and Domestic Anchorage." Reviewof World Economics145 (1): 93-110.
dc.relationDunning, John H. 1980. "Toward an eclectic theory of international production: some empirical tests." Journal if International Business.
dc.relationEduardo, Pablo. 2009. "Determinants of cross-border M&As in Latin America." Journal of Business Research62: 861-867.
dc.relationErel, Isil, Rose C Liao, and Michael S Weisbach. 2012. "Determinants of Cross-Border Mergers and Acquisitions." The Journal of Finance67 (3): 1045-1082
dc.relationFelbermayr, Gabriel, Julien Prat, and Hans-Jörg Schmerer. 2011. "Trade and Unemployment: What do the data say?" European Economic Reviewº55 (6): 741-758.
dc.relationHouse of Commons, Library. 2020. "Foreign Direct Statistics."
dc.relationIm, Hyejoon. 2016. "The effects of regional trade agreements on FDI by its origin and type: Evidence from U.S multinational enterprises." Japan and the World Economy39: 1-11.
dc.relationInstitute for Mergers, Acquisitions and Alliances (IMAA). 2019. IMMA.https://imaa-institute.org/mergers-and-acquisitions-statistics/.
dc.relationJavorcik, Beata S., and Mariana Spatareanu. 2005. "Do Foreign Investors Care about Labor Market Regulations?" Review of World Economics141 (3): 93-110.
dc.relationLa Porta, Rafael, Florencio Lopez-de-Silanes, Andrei Shleifer, and Robert W. Vishny. 1998. "Law and Finance." Journal of Political Economy106 (6): 1113-1155
dc.relationLeibrecht, Markus, and Johann Scharler. 2009. "How Important Is Employment Protection for Foreign Direct Investment Flows in Central and Eastern European Countries?" Economics of Transition17 (2): 275-295.
dc.relationLi, X., and X. Liu. 2005. "Foreign Direct Investment and Economic Growth: An Increasingly Endogenous Relationship." World Development33: 393-407.
dc.relationMargolis, David N. 2006. "Should employment authorities worry about mergers and acquisitions?" Portuguese Economic Journal5 (2): 167-194.
dc.relationMoeller, Sara B., Frederik P. Schlingemann, and René M. Stulz. 2004. "Firm size and the gains from acquisitions." Journal of Financial Economics73: 201-228.
dc.relationMogab, John,, Ruby Kishan, and Diego E. Vacaflores. 2013. "Labor Market Rigidity and Foreign Direct Investment: The Case of Europe." Applied Econometrics and International Development13 (1): 35-54.
dc.relationNeto, Paula, and António, Cerqueira, António Brandão. 2010. "The Macroeconomic Determinants of Cross Border Mergers and Acquisitions and Greenfield Investments." he IUP Journal of Business Strategy7 (4).
dc.relationOberhofer, Harald. 2013. "Employment Effects of Acquisitions: Evidence from Acquired European Firms." Review of Industrial Organization42 (3): 345-363.
dc.relationOECD. 2019. OECD Employment Outlook 2019: The Future of Work.Paris: OECD Publishing. doi:https://doi.org/10.1787/9ee00155-en
dc.relationOECD. 2017. "The role of mergers and acquisitions in employment dynamics in Belgium." OECD Publishing.
dc.relationOECD, Organization for Economic Cooperation and Development. 2008. "Foreign Direct Investment Statistics -Explanatory notes."
dc.relationOldford, Erin, and Isaac Otchere. 2016. "Are cross-border acquisitions enemy of labor? An examination of employment and productivity effects." 40: 438-455.
dc.relationOliveira, Pedro, and Rosa Forte. 2021. "Labour Market Flexibility and FDI attraction: A MacroeconomicAnalysis." Panoeconomicus68 (3): 267-291.
dc.relationOlney, William W. 2013. "A Race to the Bottom? Employment Protection and Foreign." Journal of International Economics91 (2): 191-203
dc.relationRepublic of Turkey, Turkey. 2004. "Pre-Accession Economic Programme." Ankara.
dc.relationRossi, Stefano, and Paolo F Volpin. 2004. "Cross-country determinants of mergers and acquisitions." Journal of Financial Economics(277-304) 74.
dc.relationVacaflores, Diego E. 2011. "Was Latin America Correct in Relying in Foreign Direct Investment to improve employment rates?" Applied Econometrics and International Development11 (2): 101-122.
dc.relationWood, Geoffrey, Shuxing Yin, Khelifa Mazouz, and Jeremy Eng-Tuck Cheah. 2016. "Foreign Direct Investment and Employment Rights in South-Eastern Europe." Cambridge Journal of Economics40 (1): 141-163.
dc.rightsAl consultar y hacer uso de este recurso, está aceptando las condiciones de uso establecidas por los autores.
dc.rightshttp://creativecommons.org/licenses/by-nc-nd/4.0/
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rightshttp://purl.org/coar/access_right/c_abf2
dc.titleThe effect of specific labour market regulations on cross-border mergers and acquisitions activity
dc.typeTrabajo de grado - Maestría


Este ítem pertenece a la siguiente institución