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We show that minority acquisitions are more common for targets in countries with worse information environments. The … experience. Minority acquisitions can also be a ‘stepping stone' to a controlling acquisition, especially in countries with worse … that bidders use minority acquisitions when they confront informational barriers. The findings are robust to endogeneity …
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environment where heterogeneous agents from various minority groups choose whether to acquire a majority language fully, partially …
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The study investigates the role of minority equity purchases on the innovation activities of the US firms. We provide … evidence of an increased innovation activity following minority equity purchases targeting firms with a small size patent … portfolio prior to acquisition. Using a hand collected data we show that the positive effect of minority equity purchases is …
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This paper investigates the net impact of birth control policy in China on educational attainment of the partially excluded ethnic minorities. Exploring county-level variation in the value of fines levied for unsanctioned births, we show that more stringent enforcement of the birth control...
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