Proceedings of the 5th Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA-5 2020)

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Do Cross Border Acquisitions Relieve Financial Constraints of Target Firms in Asean?

Authors
Auliyah Rizky Suhasmoro, Ruslan Prijadi
Corresponding Author
Auliyah Rizky Suhasmoro
Available Online 27 November 2020.
DOI
10.2991/aebmr.k.201126.054How to use a DOI?
Keywords
cross-border acquisitions, financial constraints, ASEAN
Abstract

This paper examines whether cross border acquisitions lessen financial constraints of target firms in ASEAN based on a sample of 538 acquisitions over the period of 1988-2016. Using cash holding of target firms, the cash flow sensitivity of cash, the cash flow of sensitivity of investment and the quantity of the target firm’s investments to measure financial constraints, we find that cross border acquisitions in ASEAN are associated with a reduction of target firm’s financial constraints.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 5th Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA-5 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
27 November 2020
ISBN
10.2991/aebmr.k.201126.054
ISSN
2352-5428
DOI
10.2991/aebmr.k.201126.054How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Auliyah Rizky Suhasmoro
AU  - Ruslan Prijadi
PY  - 2020
DA  - 2020/11/27
TI  - Do Cross Border Acquisitions Relieve Financial Constraints of Target Firms in Asean?
BT  - Proceedings of the 5th Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA-5 2020)
PB  - Atlantis Press
SP  - 487
EP  - 493
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201126.054
DO  - 10.2991/aebmr.k.201126.054
ID  - Suhasmoro2020
ER  -