政治关系如何导致国有企业和非国有企业做出不同的并购决策/绩效?来自中国的证据

Qigui Liu, Tianpei Luo, G. Tian
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引用次数: 37

摘要

本研究考察了政治关系对并购的影响(相反,非国有企业的政治关系有助于竞标者垂直整合并获得外部融资支持)。
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How Do Political Connections Cause SOEs and Non‐SOEs to Make Different M&A Decisions/Performance? Evidence from China
This study examines the impact that political connections have on Mergers and Acquisitions (MA instead, political connections in non-SOEs help bidders to integrate vertically and obtain external financing support.
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