Li, Chang; Chang, Philip; Li, Shanming; Shi, Xinxiang - In: China Finance Review International 5 (2015) 4, pp. 421-439
Purpose – Cross-border M & A is one of the most important ways of international capital flows, and scholars have paid a lot of attention to this area, but a general explaining model has still not been generated. The purpose of this paper, based on Lambrecht (2004) and Bolton et al. (2013), is...