Shareholders Wealth Effects of Recent Mergers and Acquisitions: the Chinese Experience
This paper studies the shareholder wealth effects of recent mergers and acquisitions in the Chinese market from 06/2006 to 05/2007. Results show that short-term CARs around the announcement day are significantly positive for both bidding and target companies. However, when cumulating over the 61-day...
| Main Author: | |
|---|---|
| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2007
|
| Online Access: | https://eprints.nottingham.ac.uk/21115/ |