Political connections with corrupt government bureaucrats and corporate M&A decisions: A natural experiment from the anti-corruption cases in China

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Political connections with corrupt government bureaucrats and corporate M&A decisions: A natural experiment from the anti-corruption cases in China

Using 29 recent high level anti-corruption cases in China as a natural experiment, we examine the patterns in merger and acquisition (M&A) decisions and performance in Chinese non-state owned enterprises (non-SOEs) before and after the exogenous severing of political connections. We identify a s...

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Bibliographic Details
Main Authors:	Liu, Q., Luo, Tianpei, Tian, G.
Format:	Journal Article
Published:	Elsevier BV 2016
Online Access:	http://hdl.handle.net/20.500.11937/38352

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