Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor | Faculty of Business | en_US |
dc.contributor.advisor | Cho, Vincent (MM) | - |
dc.creator | Ip, Sui King Heidi | - |
dc.identifier.uri | https://theses.lib.polyu.edu.hk/handle/200/7974 | - |
dc.language | English | en_US |
dc.publisher | Hong Kong Polytechnic University | - |
dc.rights | All rights reserved | en_US |
dc.title | Does the ownership structure of state-owned enterprises help or hurt acquisition performance? | en_US |
dcterms.abstract | Does the ownership structure of state-owned enterprises (SOEs) help or hurt acquisition performance? This thesis examines the effect of ownership structure, such as SOEs and non-SOEs, on acquisition performance in a transition economy. In addition, this study re-examines the three essential factors, namely, acquisition experience, firm size and acquirer-to-target similarity, that are considered to influence acquisition performance in developed economies and investigates their possible interactions with the ownership setting. Drawing on data on acquisition transactions in the past decade collected from the Shanghai and Shenzhen stock exchanges, this study reveals that SOEs deliver better acquisition performance than non-SOEs. Furthermore, more acquisition experience and synergistic effects generating from acquirer-to-target dissimilarity are found to induce better acquisition performance. However, non-SOEs are more eager to learn from their past acquisitions experience than SOEs. | en_US |
dcterms.extent | viii, 120 leaves ; 30 cm | en_US |
dcterms.isPartOf | PolyU Electronic Theses | en_US |
dcterms.issued | 2013 | en_US |
dcterms.educationalLevel | All Doctorate | en_US |
dcterms.educationalLevel | D.B.A. | en_US |
dcterms.LCSH | Consolidation and merger of corporations. | en_US |
dcterms.LCSH | Stock ownership. | en_US |
dcterms.LCSH | Hong Kong Polytechnic University -- Dissertations | en_US |
dcterms.accessRights | restricted access | en_US |
Files in This Item:
File | Description | Size | Format | |
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b28256414.pdf | For All Users (off-campus access for PolyU Staff & Students only) | 1.37 MB | Adobe PDF | View/Open |
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