2013

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.


Referens:

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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Daniel Waldenström

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