Cross-border Acquisition and Corporate Governance: Evidence from Chinese firms
This paper shows that the relationship between firm performance and corporate governance. The sample consists of 316 cross-border Chinese listed companies and the period of 1991-2012. Results of this study show that there would be a significant decrease in firm performance after the acquisition of t...
| Main Author: | |
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2013
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| Online Access: | https://eprints.nottingham.ac.uk/26525/ |
| _version_ | 1848793189208555520 |
|---|---|
| author | Zhou, Yaqian |
| author_facet | Zhou, Yaqian |
| author_sort | Zhou, Yaqian |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | This paper shows that the relationship between firm performance and corporate governance. The sample consists of 316 cross-border Chinese listed companies and the period of 1991-2012. Results of this study show that there would be a significant decrease in firm performance after the acquisition of the target firm compared with the value before M&A. Also, our evidence shows that ownership concentration, board size and CEO duality all have a negative and significant relationship with firm performance. However, we find no evidence to support the relationship between state-owned ownership, board compensation and company performance. |
| first_indexed | 2025-11-14T18:56:20Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-26525 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:56:20Z |
| publishDate | 2013 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-265252017-10-19T13:28:32Z https://eprints.nottingham.ac.uk/26525/ Cross-border Acquisition and Corporate Governance: Evidence from Chinese firms Zhou, Yaqian This paper shows that the relationship between firm performance and corporate governance. The sample consists of 316 cross-border Chinese listed companies and the period of 1991-2012. Results of this study show that there would be a significant decrease in firm performance after the acquisition of the target firm compared with the value before M&A. Also, our evidence shows that ownership concentration, board size and CEO duality all have a negative and significant relationship with firm performance. However, we find no evidence to support the relationship between state-owned ownership, board compensation and company performance. 2013-09-16 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/26525/1/final_dissertation_.pdf Zhou, Yaqian (2013) Cross-border Acquisition and Corporate Governance: Evidence from Chinese firms. [Dissertation (University of Nottingham only)] (Unpublished) |
| spellingShingle | Zhou, Yaqian Cross-border Acquisition and Corporate Governance: Evidence from Chinese firms |
| title | Cross-border Acquisition and Corporate Governance: Evidence from Chinese firms |
| title_full | Cross-border Acquisition and Corporate Governance: Evidence from Chinese firms |
| title_fullStr | Cross-border Acquisition and Corporate Governance: Evidence from Chinese firms |
| title_full_unstemmed | Cross-border Acquisition and Corporate Governance: Evidence from Chinese firms |
| title_short | Cross-border Acquisition and Corporate Governance: Evidence from Chinese firms |
| title_sort | cross-border acquisition and corporate governance: evidence from chinese firms |
| url | https://eprints.nottingham.ac.uk/26525/ |