The double-edged sword of political power in Chinese merger and acquisitions: CEOs, boards, and market reactions
This study examines how CEO political power influences merger and acquisition (M&A) decisions in China, focusing on the propensity to complete deals despite negative market reactions. Analyzing 1346 M&A deals by Chinese listed firms from 2008 to 2024, we find that politically powerful CEOs are more...
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| Auteurs principaux: | , |
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| Format: | Artigo |
| Langue: | Inglês |
| Publié: |
Elsevier
2025-12-01
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| Collection: | International Review of Economics & Finance |
| Sujets: | |
| Accès en ligne: | http://www.sciencedirect.com/science/article/pii/S1059056025009153 |
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