Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023)

<Previous Article In Volume
Next Article In Volume>

An Empirical Analysis on the Determinants of Cross-Border Mergers and Acquisitions of Chinese Enterprises

Authors
Tingting Zhang1, *
1International Commercial Institute, Tianjin Foreign Studies University, Tianjin, China
*Corresponding author. Email: 531049341@qq.com
Corresponding Author
Tingting Zhang
Available Online 9 October 2023.
DOI
10.2991/978-94-6463-256-9_153How to use a DOI?
Keywords
Cross-border M&A; Enterprise scale; Enterprise R&D investment; Enterprise nature
Abstract

On the basis of sorting out and analyzing the background of China’s cross-border Mergers and Acquisitions (M&A) and combing relevant literature and theoretical knowledge, this paper selects 47 cross-border M&A data of listed companies on the Shanghai and Shenzhen Stock Exchanges from January 1st, 2019 to December 31st, 2017 and constructs binary Logit model. Eviews software were used to conduct empirical analysis of the factors affecting the success of Chinese companies’ cross-border M&A. The result shows that the enterprise scale and R&D investment are positively related to the possibility of successful cross-border M&A. The nature of enterprise has a significant impact on the possibility of successful cross-border M&A. The three factors of enterprise growth capacity, international M&A experience and share ownership of M&A have not been tested.

Copyright
© 2024 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)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
9 October 2023
ISBN
978-94-6463-256-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-256-9_153How to use a DOI?
Copyright
© 2024 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.

Cite this article

risenwbib
TY  - CONF
AU  - Tingting Zhang
PY  - 2023
DA  - 2023/10/09
TI  - An Empirical Analysis on the Determinants of Cross-Border Mergers and Acquisitions of Chinese Enterprises
BT  - Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023)
PB  - Atlantis Press
SP  - 1516
EP  - 1521
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-256-9_153
DO  - 10.2991/978-94-6463-256-9_153
ID  - Zhang2023
ER  -