Which Firms Do Foreigners Buy? Evidence from the Republic of Korea

Which Firms Do Foreigners Buy? Evidence from the Republic of Korea

Using data on mergers and acquisitions involving Korean firms, the authors identify which sectors and firms attracted foreign investment after the liberalization of investment of activity at the end of 1997. They find that domestic acquisitions are similar to foreign acquisitions by sector (of both...

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Bibliographic Details
Main Authors: Freund, Caroline, Djankov, Simeon
Format: Publications & Research
Language:en_US
Published: World Bank, Washington, DC 2015
Subjects:
access to capital
assets
Banking Systems
bankruptcy
bidders
book value
Collective Action
comparative advantage
Currency Crises
debt
Development Economics
domestic firms
domestic investment
domestic investors
Economic Growth
Economic Policy
economies of scale
emerging markets
export share
Fair Trade
FDI
financial crisis
financial data
financial information
Financial Sector
Financial Structure
firm size
foreign capital
foreign direct investment
foreign firm
foreign firms
foreign investment
foreign investor
foreign investors
Foreign ownership
Global Economy
global markets
growth potential
Growth Rate
Growth Theory
host country
host-country
human capital
industrial distribution
Industrial Economics
International Economics
international investors
international markets
International Trade
investment activity
labor productivity
local firms
local market
Medicine
mergers
multinational companies
Multinational Enterprises
national economies
portfolio
portfolio investment
production function
productivity
productivity growth
profitability
Programs
Safety Nets
Standard errors
statements
Takeover
tax incentives
technology diffusion
technology transfer
Telecommunications
Trade Effects
transaction value
transport costs
Transport Equipment
Value Added
world industry
World Investment Mergers
Foreign investment
Value added
Foreign direct investments
Location factors
Transport costs
Technological capacity
Brand name
Marketing
Access to capital markets
Corporate debt
Export capacity
Corporate profits
Online Access:http://hdl.handle.net/10986/21334

Internet

http://hdl.handle.net/10986/21334

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