The Effect of Exchange Rate on Cross-Border Mergers and Acquisitions (CBMAs) Success: Evidence from ASEAN CBMA
Economic Development - Global Perspectives on Investment, Security, and Growth: 36ECO 2020
CBMA is one of the preferred external growth strategies by many firms worldwide. Similar trend is also observed for firms from ASEAN member countries. Nevertheless, it is reported that there is high rate of non-value creation involving CBMAs transactions due to higher risk as compared…