Empirical Research on the Value Creation of Merger & Acquisition-Data from Chinese Listed Companies

被引:0
|
作者
Cao Yanling [1 ]
机构
[1] Dalian Univ, Coll Econ & Management, Dalian 116012, Peoples R China
关键词
value creation; merger & acquisition; listed company; empirical research;
D O I
暂无
中图分类号
TM [电工技术]; TN [电子技术、通信技术];
学科分类号
0808 ; 0809 ;
摘要
As the main form of an external way to grow, the advantage of M&A lies in its ability to enable enterprises to achieve rapid growth, that is M&A can bring enterprises value creation. However, it's actually not the case. This paper selects 58 valid samples for analysis from 118 M&A events of Chinese listed companies in 2008, studies M&A value creation following two steps: all the M&A samples are studied first and the integration effect of the different types of M&A are compared respectively; the data used is the 2008-2011 annual report of listed companies in China, with the aim of M&A value creation analysis of listed companies in China in recent years by using Principal Component Analysis.
引用
收藏
页码:610 / 615
页数:6
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