Abstract
This article examines impact of climate risks on premium paid in cross-border acquisitions. Results suggest that acquirors from high climate risk geographies tend to offer larger premiums. The results are driven by transactions, in which majority stakes exchange hands, and premium for control is paid to target firm shareholders. There is mild evidence that premiums for control are also higher for targets in low climate risk nations.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
