ADB Economics Working Paper Series No. 249
Cross-Border Mergers and Acquisitionsand Financial Development:Evidence rom Emerging Asia
Douglas H. Brooks and Juthathip Jongwanich
Douglas H. Brooks is Assistant Chief Economist in the Development Indicators and Policy ResearchDivision, Economics and Research Department, Asian Development Bank; Juthathip Jongwanich is Assistant Professor in the Asian Institute of Technology. Eric Suan and Eugenia Go provided valuable
research assistance. The paper was presented at the Asia-Pacic Economic Association conferences held
8–9 July 2010 at the Hong Kong Baptist University. The authors thank Alicia Garcia-Herrero and other participants for useful comments. The authors accept responsibility for any errors in the paper.