Peng, Fei; Kang, Lili; Jiang, Jun - In: Management Decision 51 (2013) 1, pp. 141-162
micro data in the Chinese stock market during 2003‐2008. Design/methodology/approach – Acquisition decision is the selection … model to surmount the selection biases in acquisition decision. Findings – The paper finds that institutional shareholders … of acquisition decision. Second, it investigates whether institutional shareholders could effectively monitor annual …