...
首页> 外文期刊>Quarterly Journal of Finance >The Impacts of Intellectual Property Rights Protection on Cross-Border M&As
【24h】

The Impacts of Intellectual Property Rights Protection on Cross-Border M&As

机译:知识产权保护对跨国并购的影响

获取原文
获取原文并翻译 | 示例
           

摘要

We investigate the impacts of improved intellectual property rights (IPR) protection on cross-border M&A performance. Using multiple measures of IPR protection and based on generalized difference-in-differences estimates, we find that countries with better IPR protection attract significantly more hi-tech cross-border M&A activity, particularly in developing economies. Moreover, acquirers pay higher premiums for companies in countries with better IPR protection, and there is a significantly higher acquirer announcement effect associated with these hi-tech transactions.
机译:我们调查了改进的知识产权(IPR)保护对跨境并购绩效的影响。通过使用多种知识产权保护措施并基于广义差异估算,我们发现,拥有更好知识产权保护的国家吸引了更多的高科技跨国并购活动,尤其是在发展中国家。此外,收购方为拥有更好知识产权保护的国家/地区的公司支付更高的保费,并且与这些高科技交易相关的收购方公告效应也明显更高。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号