What drives mergers & acquisitions waves of listed companies of the ChiNext market? IPO over-financing or stock overvaluation
A wave of mergers and acquisitions (M&A) has been consistently rising among the China’s ChiNext companies over the past years, which has drawn great attention across academia and industry. Based on the neoclassical theory and the behavioral theory, this paper explores the driving factors of M&am...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2018-08-01
|
Series: | Technological and Economic Development of Economy |
Subjects: | |
Online Access: | https://journals.vgtu.lt/index.php/TEDE/article/view/3762 |