Dissertation Defense Announcement
The Fogelman College of Business and Economics announces the final dissertation defense of
Tsvetomira Bilgili
for the degree of Doctor of Philosophy
June 22, 2016 at 1:00 pm in 263, FCBE
Major Advisor: Ben L. Kedia, PhD
Policy Risk and Cross-Border Mergers and Acquisitions: The Role of Quality and Multiplexity of Home-Host Ties
ABSTRACT: Multinational enterprises operate in a volatile global economic environment facing high policy uncertainty and risks. Policy risk has been shown to influence foreign direct investment decisions; however, foreign investors’ responses to such risk may be influenced by the quality and strength of home and host country ties. Home-host ties affect investors’ expectations of value capture and control in the host market. In this dissertation, I adopt a relational view to provide a more complete understanding of when and how policy risk influences cross-border mergers and acquisitions (M&As) by investigating the role of the macro structure in which nations are embedded.