An empirical study of the effects of management buyout in China.

• Other Authors: He, Zheng.
• Format: Others
• Language: English; Chinese
• Published: 2008
• Subjects: Management buyouts; Management buyouts > China
• Online Access: http://library.cuhk.edu.hk/record=b5893650; http://repository.lib.cuhk.edu.hk/en/item/cuhk-326370

He, Zheng. === Thesis (M.Phil.)--Chinese University of Hong Kong, 2008. === Includes bibliographical references (leaves 53-54). === Abstracts in English and Chinese. === CONTENT --- p.1 === Chapter CHAPTER I. --- INTRODUCTION --- p.2 === Chapter CHAPTER II. --- LITERATURES REVIEWS --- p.5 === Chapter CHAPTER III. --- FEATURES OF MBO IN CHINA --- p.14 === Chapter 3.1 --- Dichotomy of stock structure --- p.14 === Chapter 3.2 --- Pre-buyout Ownership structure --- p.14 === Chapter 3.3 --- Buyout styles --- p.15 === Chapter 3.4 --- MBO CONSEQUENCES --- p.16 === Chapter CHAPTER IV. --- DATA DESCRIPTION --- p.17 === Chapter CHAPTER V. --- EMPIRICAL RESULTS --- p.22 === Chapter 5.1 --- Underbidding Analysis --- p.22 === Chapter 5.1.1 --- Transaction Variables --- p.29 === Chapter 5.1.2 --- Corporate Governance Variables --- p.32 === Chapter 5.1.3 --- Regional Variables --- p.35 === Chapter 5.1.4 --- Multivariate Regressions: --- p.36 === Chapter 5.2 --- Performance Analysis --- p.41 === Chapter 5.2.1 --- Control Group Matching --- p.41 === Chapter 5.2.2 --- DID Estimation --- p.43 === Chapter 5.2.3 --- Longer Performance Comparison --- p.46 === Chapter 5.2.4 --- Comparison with other M&A --- p.48 === Chapter CHAPTER VI. --- CONCLUSIONS --- p.50 === REFERENCE --- p.53 === TABLES AND CHARTS --- p.55