Shareholders Wealth Effects of Recent Mergers and Acquisitions: the Chinese Experience

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Deng, Siyun (2007) Shareholders Wealth Effects of Recent Mergers and Acquisitions: the Chinese Experience. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

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.

Item Type:	Dissertation (University of Nottingham only)
Depositing User:	EP, Services
Date Deposited:	06 Mar 2008
Last Modified:	02 Feb 2018 16:12
URI:	https://eprints.nottingham.ac.uk/id/eprint/21115

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