Cristina Caffarra, Gregory Crawford, 05 October 2020

Another week, another tech merger, but this time with huge potential implications for who owns our health data and how it is used. Cristina Caffarra and Greg Crawford tell Tim Phillips why 17 economists have written a paper describing harm that Google's acquisition of Fitbit would cause to consumers.

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Rui Albuquerque, Miguel Ferreira, Luis Brandao-Marques, Pedro Matos, 17 January 2016

Previous research has shown that the corporate governance practices of firms are constrained by the legal standards of their country of incorporation. This column explores how an active international market for corporate control can substitute for weak institutions in a host country. Using firm-level data from 22 countries, it shows how cross-border M&A activity improves the governance of non-target firms in the same industry, via peer pressure. These findings provide evidence for corporate governance improvements as a novel positive spillover from FDI.

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