Ferreira, MiguelGambini, Francesca Romana2015-10-122016-06-302015-06http://hdl.handle.net/10362/15601This study investigates the effect of the mandatory implementation of IAS/IFRS on cross-border M&A activity. I test the hypothesis that the improvement in the comparability of financial statements among the adopting countries facilitates crossborder transactions. According to the expectations, I find support for enhanced crossborder M&As following the mandatory adoption of IFRS due to a likely increase in the comparability of financial reports. Additionally, listed targets from IFRS adopting countries do experience stronger positive influence on foreign M&A transactions than unlisted target from adopting countries and listed targets from IFRS non-adopting countries.engIAS/IFRSM&ACross-border transactionsFinancial reportsmaster thesis201473887