How do political connections cause SOEs and non-SOEs to make different M&A decisions/performance? Evidence from China
© 2017 AFAANZ. This study examines the impact that political connections have on Mergers and Acquisitions (M & A) performance and the decisions of Chinese listed firms. We find that political connections destroy (create) value in SOEs (non-SOEs). Our findings show that connected SOEs are more li...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Wiley-Blackwell Publishing Asia
2017
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| Online Access: | http://hdl.handle.net/20.500.11937/57824 |