Can the improvement of competitive adequacy and fairness reduce discriminatory M&A behavior? Evidence from the market access negative list pilot in China

Can the improvement of competitive adequacy and fairness reduce discriminatory M&A behavior? Evidence from the market access negative list pilot in China

Corporate mergers and acquisitions (M&As) are subject to skewed logic due to excessive government regulation. China is progressively adopting the Market Access Negative List (MANL) pilot to transfer the power of resource allocation from the government to the market. Using the DID method, we exam...

Full description

Bibliographic Details
Main Authors: Xiongyuan Wang, Jing Xu, Shuai Wang
Format: Article
Language:English
Published: Elsevier 2024-03-01
Series:China Journal of Accounting Research
Subjects:
Transition economies
Market access deregulation
Market access negative list
Mergers and acquisitions
Online Access:http://www.sciencedirect.com/science/article/pii/S1755309123000503

Internet

http://www.sciencedirect.com/science/article/pii/S1755309123000503

Similar Items