A comparative study on cross-border merger performance for Chinese and American commercial banks
Faced with competition and pressure in the international banking,Chinese had to consider how to use the cross-border mergers and acquisitions to realize their own rapid development and growth and to enhance competitiveness.This paper selected the cases of cross-border mergers and acquisitions for Citibank in the United States and Industrial and Commercial Bank of China.DuPont financial analysis and event study were used on their performance in mergers and acquisitions,and several specific suggestions were put forward.
cross-border M&A citibank industrial and commercial bank of China financial analysis event study
Ruibo Liu Xiaojun Niu
Yanshan College Shandong University of Finance and Economics,P.R. China,250202 School of Finance,Shandong University of Finance and Economics,P.R. China,250014
国际会议
上海
英文
570-578
2017-10-21(万方平台首次上网日期,不代表论文的发表时间)