Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/30330
Appears in Collections:Accounting and Finance Journal Articles
Peer Review Status: Refereed
Title: Capturing the role of societal affinity in cross-border mergers with the Eurovision Song Contest
Author(s): Siganos, Antonios
Tabner, Isaac T
Contact Email: isaac.tabner@stir.ac.uk
Keywords: Eurovision Song Contest
societal affinity
cross-border mergers
Issue Date: Mar-2020
Citation: Siganos A & Tabner IT (2020) Capturing the role of societal affinity in cross-border mergers with the Eurovision Song Contest. Journal of International Business Studies, 51 (2), p. 263–273. https://doi.org/10.1057/s41267-019-00271-3
Abstract: This paper demonstrates the effectiveness of voting bias in the Eurovision Song Contest as a means of capturing societal affinity. More than 180 million viewers from more than 40 countries watch the Eurovision Song Contest every year and vote for their favorite songs. Societal affinity between participating countries leads to systematic bias in voting patterns as each song represents a country. Using cross-border mergers as a proxy for international business exchanges, we demonstrate how voting bias provides a simple, freely available, and dynamic means of capturing societal affinity between countries that complements other metrics of affinity and distance.
DOI Link: 10.1057/s41267-019-00271-3
Rights: This item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study. This is a post-peer-review, pre-copyedit version of an article published in Journal of International Business Studies. The final authenticated version is available online at: https://doi.org/10.1057/s41267-019-00271-3

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