How Media Coverage of Labour Movement Influence on M&A Deals?

DOI

10.2991/978-2-38476-092-3_92How to use a DOI?

Keywords

labour relation; media tone; social movements

Abstract

We focus on how media coverage of labour movements in host countries will affect the results of mergers and acquisitions, with labour relations being an important social relationship whose stability and harmony have a direct impact on the stability of society. In this paper, we examine the impact of labour relations on cross-border M&A through the lens of social movements. Empirically, we analyzed the Chinese firms’ cross-border mergers from 2014 to 2019. We find the number of labour social movement reduce the percentage of shares acquired. The tone of reports is positively related to the percentage of shares acquired. Moreover, we also find the moderator role of information transparency. We contribute by showing that social movements have significant impacts on firms’ international business activities.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

TY  - CONF
AU  - Ran Liu
AU  - Guowei Gao
AU  - Chengwen Huang
AU  - Ranran Lv
AU  - Caixing Liu
PY  - 2023
DA  - 2023/09/09
TI  - How Media Coverage of Labour Movement Influence on M&A Deals?
BT  - Proceedings of the 2023 9th International Conference on Humanities and Social Science Research (ICHSSR 2023)
PB  - Atlantis Press
SP  - 753
EP  - 758
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-092-3_92
DO  - 10.2991/978-2-38476-092-3_92
ID  - Liu2023
ER  -