The payment pattern of Merger and Acquisition: an empirical analysis from Chinas listed companies
As the main component element of Merger and Acquisition, tbe choice of payment pattern has been paid more and more attention. All participants of Merger and Acquisition realizes that the design and choice of payment pattern have significant impact on the M & A, and directly affect the Shareholders income, M & A price and financing strategy. In order to test the relationship between the short-term market performance and the choice of different payment pattern, this paper collected the M & A activities in Chinas listed companies from the year 2005 to 2007, and divided them into five kinds of testing data according to the different payment patteren. Moreover we made several suggestions on the listed companys M & A payment pattern according to tbe empirical results.
merger and acquisition payment pattern shortterm effects empirical analysis
Li Tao Xu Fei
School of business and management North China Electric Power University Beijing, China
国际会议
成都
英文
575-581
2010-07-09（万方平台首次上网日期，不代表论文的发表时间）