Yue, Qi; Deng, Ping; Hua, Xing; Jiang, Luan - In: Journal of business economics and management 23 (2022) 2, pp. 238-262
In this paper, we proposed a model of how corporate acquisition influences industrial performance by exploring industry-level and firm-level ownership characteristics in emerging markets. Based on a database of 1,934 acquisitions of listed firms in China, we examined the relationship between...