Comments on "Corporate Ownership, Political Connections and M&A: Empirical Evidence from China"

The paper is an interesting effort to address a topical issue considering the 12th Chinese Fiveyear Plan, the global race for inward foreign direct investment (FDI) and for new jobs and the gradual Chinese dismantling of cross-border barriers. Based on an analysis of listed Chinese firms during 1998–2010 the authors conclude that political connections of Chinese listed firms have a strong influence on M&A activities and performance.


Oxelheim, Lars (2013), Comments on Ningyue Liu, Liming Wang and Min Zhang: "Corporate Ownership, Political Connections and M&A: Empirical Evidence from China". Asian Economic Papers 12(3).

Lars Oxelheim


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Elgar Companion to

Social Capital and Health

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Martin Ljunge, IFN, is the author of a chapter, "Trust promotes health: addressing reverse causality by studying children of immigrants", in a new book edited by Sherman Folland and Eric Nauenberg. The cutting edge of research is presented, covering the ever-expanding social capital field.

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