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Cited by 359

The DOI matches its Crossref record; 21 of the 21 references it cites were found in a registry or an index.

Gains to Bidder Firms Revisited: Domestic and Foreign Acquisitions in Canada

Open access
Eckbo, B. Espen, Thorburn, Karin S.·2000·The Journal of Financial and Quantitative Analysis

Abstract

We present large-sample evidence on the performance of domestic and U.S.(foreign) bidder firms acquiring Canadian targets. Domestic bidders earn significantly positive average announcement-period abnormal returns, while U.S. bidder returns are indistinguishable from zero. Measures of pre- and post-acquisition abnormal accounting performance are also consistent with a superior domestic bidder performance. Domestic bidder announcement returns are on average greatest for offers involving stock-payment and for the bidders with the smallest equity size relative to the target. Neither direct foreign investment controls, horizontal product-market relationships, nor acquisition propensities explain why domestic bidders outperform their U.S. competitors.

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Crossref · 10.2307/2676236

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Metadata

Authors
Eckbo, B. E., & Thorburn, K. S.
Venue
The Journal of Financial and Quantitative Analysis
Publisher
JSTOR
Published
2000-03
Volume
35
Issue
1
Pages
1
ISSN
0022-1090 (ISSN-L)
OpenAlex
W3125329271
Cited by
359
References
21
FWCI
28.64
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Gains to Bidder Firms Revisited: Domestic and Foreign Acquisitions in Canada. https://app.cochat.ai/papers/10.2307/2676236
The paper
Eckbo, B. E., & Thorburn, K. S. (2000). Gains to Bidder Firms Revisited: Domestic and Foreign Acquisitions in Canada. The Journal of Financial and Quantitative Analysis. https://doi.org/10.2307/2676236

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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.