Duy Nguyen
DARE Project: Asymmetric Information, Cross Border Acquisitions, Premiums, and Post Acquisition Returns
Program(s) of Study: Financial and Business Economics
Project Supervisor: George J. Georgopolous
This experience gave me hands-on research and data skills that directly support my goal of a career in finance or economics. Learning to build datasets, apply econometric models, and work through a real research problem showed me the fun in analytical, evidence-based work and built me a strong foundation to build on in graduate studies or industry.
Project Description:
The function of asymmetric information in cross-border mergers and acquisitions (CBMA) is examined in this study. It specifically looks at how the acquisition premiums paid and the ensuing post-acquisition rates of return are affected by the acquiring firm's prior "degree of presence" in a target country, which can range from none at all to a minority position. This study attempts to ascertain whether a deeper physical or financial presence reduces information asymmetry, resulting in more effective pricing and improved long-term performance, by examining data from 1998 to 2025.The Dean’s Award for Research Excellence (DARE) - Undergraduate enables our students to meaningfully engage in research projects supervised by LA&PS faculty members. Find out more about DARE.