The effect of transfer pricing and tax haven on cross-border acquisition

Lilik Adik Kurniawan, Ratna Wardhani

Research output: Contribution to journalArticlepeer-review


This study aims to investigate the effect of transfer pricing and tax incentive from tax haven countries on the possibility of cross-border company acquisition. This study examines the acquisition activities in Asia in the period of 2012–2014. By using a sample of non-financial companies with a total of 1562 observations, this study shows that transfer pricing affects the probability of the company to do a cross-border acquisition. This study also indicates that the probability of companies performing cross-border acquisition is smaller if the target company is located in a tax haven country.

Original languageEnglish
Pages (from-to)3-11
Number of pages9
JournalInternational Journal of Trade and Global Markets
Issue number1
Publication statusPublished - 14 Feb 2022


  • Asia
  • Cross-border acquisition
  • Tax avoidance
  • Tax haven
  • Transfer pricing


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