Guest Editorial: Institutional role, the Market for corporate control and Firm performance

Narendar V., Rao and K.S., Reddy (2017): Guest Editorial: Institutional role, the Market for corporate control and Firm performance. Published in: International Journal of Business and Globalisation , Vol. 19, No. 1 (July 2017): pp. 1-5.

Abstract

The research theme “the market for corporate control and firm performance” has been received a great attention from economics and management scholars, especially since the UNCTAD’s report on ‘transnational corporations and investment patterns across the world’. The impact of quality of formal institutions on the market for M&A (negotiation and post-merger stages) is missing in the current literature. In a modest way, recent studies have drawn attention to economic nationalism and political environment in cross-border acquisitions representing both developed and emerging markets. Scholars argue that formal institutional characteristics such as legal framework, judicial system, and political factors have serious impacts on the success of negotiations, especially in the international setting. Motivated by these factors, the special issue aimed to study the relationship between institutional role and the performance of firms participating in local and foreign deals. The special issue call for papers has received a good response from finance and strategy researchers globally. Following double blind review system, we have accepted seven papers for the Issue in 2017.

• Item Type: MPRA Paper
• Language: English
• Keywords: Institutional role, Market for corporate control, Firm performance
• Subjects: G - Financial Economics > G3 - Corporate Finance and Governance; G - Financial Economics > G3 - Corporate Finance and Governance > G34 - Mergers ; Acquisitions ; Restructuring ; Corporate Governance; G - Financial Economics > G3 - Corporate Finance and Governance > G38 - Government Policy and Regulation

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