Gains to Chinese Bidder Firms: Domestic vs. Foreign Acquisitions.
(2013)
Journal Article
Black, E., Doukas, A., Xing, X., & Guo, M. (2015). Gains to Chinese Bidder Firms: Domestic vs. Foreign Acquisitions. European Financial Management, 21(5), 905-935. https://doi.org/10.1111/j.1468-036x.2013.12031.x
This paper examines whether foreign acquisition of Chinese firms improves share price performance relative to domestic acquisitions. The results show that foreign acquisitions are not associated with positive abnormal returns in the short-run, but th... Read More about Gains to Chinese Bidder Firms: Domestic vs. Foreign Acquisitions..