Analyzing the nexus between Chinese industrial policy and cross-border M&As

被引:0
作者
Dong, Zhiyong [1 ]
Zhu, Zhigan [2 ]
Song, Dawei [3 ]
An, Hongyu [4 ]
机构
[1] Taizhou Univ, Business Sch, Taizhou, Peoples R China
[2] Wuhan Mental Hlth Ctr, Wuhan, Peoples R China
[3] AnHui Univ Finance & Econ, Sch Finance, Bengbu, Peoples R China
[4] Shanghai Int Studies Univ, Sch Journalism & Commun, Shanghai, Peoples R China
来源
PLOS ONE | 2024年 / 19卷 / 05期
关键词
FOREIGN DIRECT-INVESTMENT; GLOBAL DIVERSIFICATION; MERGERS; UNCERTAINTY; ACQUISITIONS; IMPACT; INTERNATIONALIZATION; DISTANCE; FINANCE; GAINS;
D O I
10.1371/journal.pone.0299030
中图分类号
O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];
学科分类号
07 ; 0710 ; 09 ;
摘要
In recent years, as China experiences economic expansion and its corporations become more global, it has notably become a central hub for cross-border mergers and acquisitions (M&A) on the world stage. The Chinese government, in tandem, leverages these international M&A operations to drive industrial transformation and progress in technology. This research investigates the role of China's industrial policies in shaping cross-border M&A activities by examining recent instances. Findings indicate that relaxing financial barriers and applying specific industrial tactics bolster companies' abilities to secure funding, consequently energizing cross-border M&A initiatives. Several firms in these international mergers and acquisitions are intricately connected to political strategies, markedly affecting the formulation of industrial policies. This assertion is corroborated through the analysis of relevant statistical evidence. The study methodically collects and scrutinizes data to quantitatively depict the current landscape and influencing elements of cross-border M&A, thus providing concrete evidence for policy and business strategy formulation.
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页数:20
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