The Effect of State Ownership on a Cross-Border Acquisition Wave-Reference-Cited by-同舟云学术

The Effect of State Ownership on a Cross-Border Acquisition Wave

Published:2023-05-11 Issue:10 Volume:15 Page:7894
ISSN:2071-1050
Container-title:Sustainability
language:en
Short-container-title:Sustainability

Author:

Le Crystal¹,Pu Jing²^ORCID,Choi Seungho²

Affiliation:

1. Graduate School of Education and Ewha School of Business, Ewha Womans University, 52 Ewhayeodai-gil, Seodaemun-gu, Seoul 121791, Republic of Korea

2. Ewha School of Business, Ewha Womans University, 52 Ewhayeodai-gil, Seodaemun-gu, Seoul 121791, Republic of Korea

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.

Funder

Ministry of Education of the Republic of Korea and the National Research Foundation of Korea

Publisher

MDPI AG

Subject

Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development,Building and Construction

Link

https://www.mdpi.com/2071-1050/15/10/7894/pdf

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