Dinc, I. S., & Erel, I. (2013).
Economic Nationalism in Mergers and Acquisitions
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The Journal of Finance, 68(6), 2471–2514.
Economic Nationalism in Mergers and Acquisitions
This study examines economic nationalism in European mergers and acquisitions between 1997 and 2006. Using hand-collected data, the authors investigate how governments favor domestic ownership over foreign acquisitions, particularly in countries with stronger far-right political parties and weaker governments. The findings demonstrate that nationalist government interventions influence both immediate merger outcomes and future foreign acquisition activity.
