Cross-Border Mergers and Acquisitions in China: A Test of the Free Cash Flow Hypothesis
This research investigates whether Chinese cross-border investments have positive impact on<br />shareholders wealth and whether the amount of bidders’ free cash flow influences the shareholder<br />returns resulted from the acquisitions. The sample is based on 77 top Chinese c...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Universitas Indonesia
2014-08-01
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Series: | Indonesian Capital Market Review |
Online Access: | http://journal.ui.ac.id/index.php/icmr/article/view/3591 |