A comparative study on cross-border merger performance for Chinese and American commercial banks
Ruibo Liu, Xiaojun Niu
Available Online October 2017.
- https://doi.org/10.2991/febm-17.2017.77How to use a DOI?
- cross-border M&A; citibank; industrial and commercial bank of China; financial analysis; event study
- Faced with competition and pressure in the international banking, Chinese had to consider how to use the cross-border mergers and acquisitions to realize their own rapid development and growth and to enhance competitiveness. This paper selected the cases of cross-border mergers and acquisitions for Citibank in the United States and Industrial and Commercial Bank of China. DuPont financial analysis and event study were used on their performance in mergers and acquisitions, and several specific suggestions were put forward.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Ruibo Liu AU - Xiaojun Niu PY - 2017/10 DA - 2017/10 TI - A comparative study on cross-border merger performance for Chinese and American commercial banks BT - Second International Conference On Economic and Business Management (FEBM 2017) PB - Atlantis Press SP - 570 EP - 578 SN - 2352-5428 UR - https://doi.org/10.2991/febm-17.2017.77 DO - https://doi.org/10.2991/febm-17.2017.77 ID - Liu2017/10 ER -