Abstract
More enterprises from developing countries are conducting cross-border acquisitions (CBA) in the global market. Inter-industry acquisitions take the form of waves, and the position in an acquisition wave has been confirmed to be related to acquisition performance in developed countries. This paper examines the relationship between state ownership and position in a CBA wave using a sample of Chinese firms’ CBA events from 2008 to 2019. This article also attempts to examine the moderating effect of the number of board members with overseas work experiences and educational backgrounds.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.