Cross-border Acquisitions and Labor Regulations
---- Acknowledgments ----
We received helpful comments from Douglas Arner, Florencio Lopez-de-Silanes, Yona Rubinstein, David Sraer, Bernard Yeung and seminar and conference participants at the University of California, Berkeley, the HKIMR-HKU International Conference on Finance, Institutions and Economic Growth and the 2015 CEIBS finance conference in Shanghai. We thank the Clausen Center for International Business and Policy at the University of California, Berkeley, for financial support. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.