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: | |
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2007
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| Online Access: | https://eprints.nottingham.ac.uk/21115/ |
| _version_ | 1848792189642997760 |
|---|---|
| author | Deng, Siyun |
| author_facet | Deng, Siyun |
| author_sort | Deng, Siyun |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | 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 test period, both bidding and target firms suffer significantly negative abnormal return. |
| first_indexed | 2025-11-14T18:40:27Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-21115 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:40:27Z |
| publishDate | 2007 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-211152018-02-02T16:12:34Z https://eprints.nottingham.ac.uk/21115/ Shareholders Wealth Effects of Recent Mergers and Acquisitions: the Chinese Experience Deng, Siyun 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 test period, both bidding and target firms suffer significantly negative abnormal return. 2007 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/21115/1/07MASiyunDENG.pdf Deng, Siyun (2007) Shareholders Wealth Effects of Recent Mergers and Acquisitions: the Chinese Experience. [Dissertation (University of Nottingham only)] (Unpublished) |
| spellingShingle | Deng, Siyun Shareholders Wealth Effects of Recent Mergers and Acquisitions: the Chinese Experience |
| title | Shareholders Wealth Effects of Recent Mergers and Acquisitions: the Chinese Experience |
| title_full | Shareholders Wealth Effects of Recent Mergers and Acquisitions: the Chinese Experience |
| title_fullStr | Shareholders Wealth Effects of Recent Mergers and Acquisitions: the Chinese Experience |
| title_full_unstemmed | Shareholders Wealth Effects of Recent Mergers and Acquisitions: the Chinese Experience |
| title_short | Shareholders Wealth Effects of Recent Mergers and Acquisitions: the Chinese Experience |
| title_sort | shareholders wealth effects of recent mergers and acquisitions: the chinese experience |
| url | https://eprints.nottingham.ac.uk/21115/ |