135, Xingang Xi Road
Haizhu District
Guangzhou, Guangdong 510275
China
Sun Yat-sen University (SYSU)
Political Corruption, Anti-corruption Campaign, Accounting Conservatism, Political Costs, Financial Reporting, Corporate Shielding Strategy
Merger Motivation, Latent Value, Synergistic Effect, Merger Timing, Asymmetric Information
Economic policy uncertainty, Financing constraints, Mergers and acquisitions, State-owned enterprises
State-Owned Capital Acquisitions, Spillover Effect, Equity Pledge Crisis, Stock Price Crash Risk, Peer firms
economic policy uncertainty, Financing Constraints, Mergers and Acquisitions, State-owned Enterprise
Place-based policy, Agglomeration, Innovation
