Chen, Jianguo; Chi, Jing; Zhu, Shu - In: Journal of Entrepreneurial Finance 12 (2009) 4, pp. 87-104
China's short stock market history has already seen three merger waves, yet little is known of the performance drivers of acquirers. Using an acquirer's announced target value as the proxy of the firm's acquiring capacity, the link between that and its operational and/or financial conditions was...