The Convergence of the Chinese and Western Takeover Markets

Song, Guoxiang; Meeks, G.

doi:10.2139/ssrn.1505947

Abstract

References (53)

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The Convergence of the Chinese and Western Takeover Markets

Guoxiang Song

University of Cambridge - Judge Business School

University of Cambridge - Judge Business School

November 14, 2009

Abstract:
The evolution of the Chinese takeover market and its integration with the international takeover market are analysed in three ways. First, the paper charts the legal and institutional changes in China in the last two decades to develop a decentralised “Anglo-Saxon” takeover market. Second, the paper provides statistical and case material on the extent to which the Chinese takeover market has in practice become aligned with that of the US and UK. And, third, it presents case evidence on early failure and success in attempts to integrate the domestic with the world takeover market.

Number of Pages in PDF File: 40

Keywords: takeover, China

JEL Classification: G15, G34, G38, K22, L22, L42, O16

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Date posted: November 14, 2009

Suggested Citation

Song, Guoxiang and Meeks, G., The Convergence of the Chinese and Western Takeover Markets (November 14, 2009). Available at SSRN: http://ssrn.com/abstract=1505947 or http://dx.doi.org/10.2139/ssrn.1505947

Contact Information

Guoxiang Song (Contact Author) University of Cambridge - Judge Business School ( email ) Trumpington Street Cambridge, CB2 1AG United Kingdom
Geoff Meeks University of Cambridge - Judge Business School ( email ) Trumpington Street Cambridge, CB2 1AG United Kingdom +44 (0) 1223 764226 (Phone) +44 (0) 1223 339701 (Fax)

Abstract

References (53)

The Convergence of the Chinese and Western Takeover Markets

Guoxiang Song

G. Meeks

Date posted: November 14, 2009

Suggested Citation

Contact Information

Guoxiang Song (Contact Author)

Geoff Meeks