Mergers and acquisitions by Chinese firms: A review and comparison with other mergers and acquisitions research in the leading journals

H Zhu, Q Zhu - Asia Pacific Journal of Management, 2016 - Springer
In recent years, an increasing number of Chinese firms have been engaged in acquisitions
both inside and outside of China. Nevertheless, our understanding of Chinese merger and …

A review of corporate governance in China

J Yang, J Chi, M Young - Asian‐Pacific Economic Literature, 2011 - Wiley Online Library
The paper reviews the literature on internal and external corporate governance mechanisms
in China. Chinese regulatory bodies have made considerable efforts to improve the …

Mergers and acquisitions in and out of emerging economies

S Lebedev, MW Peng, E Xie, CE Stevens - Journal of World Business, 2015 - Elsevier
Although numerous studies analyze mergers and acquisitions (M&As) in and out of
developed economies (DE), a much smaller number of studies focus on M&As in and out of …

[HTML][HTML] Economic policy uncertainty and mergers and acquisitions: Evidence from China

Y Sha, C Kang, Z Wang - Economic Modelling, 2020 - Elsevier
This study examines the relationship between economic policy uncertainty and mergers and
acquisitions (M&As) in China. Using all listed Chinese companies on the Shanghai and …

[HTML][HTML] To what extent does corporate liquidity affect M&A decisions, method of payment and performance? Evidence from China

J Yang, A Guariglia, JM Guo - Journal of Corporate Finance, 2019 - Elsevier
Using a panel of Chinese listed firms over the period 1998–2015, we examine the extent to
which liquidity impacts firms' acquisition decisions, method of payment choice, and …

Does state ownership drive M&A performance? Evidence from China

B Zhou, J Guo, J Hua, AJ Doukas - European Financial …, 2015 - Wiley Online Library
This paper examines the role of state ownership in mergers and acquisitions by analysing
the short‐and long‐term performance of Chinese state‐owned enterprise (SOE) acquirers …

Acquisition announcements and stock market valuations of acquiring firms' rivals: A test of the growth probability hypothesis in China

AS Gaur, S Malhotra, P Zhu - Strategic management journal, 2013 - Wiley Online Library
To examine the impact of acquisition announcements on the stock market returns of rivals of
the acquiring firms, we propose a growth probability hypothesis: when an acquisition is …

The impact of firms' mergers and acquisitions on their performance in emerging economies

W Zhang, K Wang, L Li, Y Chen, X Wang - Technological Forecasting and …, 2018 - Elsevier
This paper explores the relationship between mergers and acquisitions and firm
performance by running a partial least squares regression with the data of listed Chinese …

An empirical investigation of mergers and acquisitions by Chinese listed companies, 1997–2007

HS Bhabra, J Huang - Journal of Multinational Financial Management, 2013 - Elsevier
We examine 136 M&A deals from 1997 to 2007 initiated by Chinese companies listed on the
Shanghai and Shenzhen Stock Exchanges, where the acquirer gains complete control of the …

The dark side of board network centrality: Evidence from merger performance

Q Tao, H Li, Q Wu, T Zhang, Y Zhu - Journal of Business Research, 2019 - Elsevier
We show that greater board network centrality is associated with lower acquirer stock returns
in the Chinese capital market. This negative effect is mainly due to inside directors' networks …