Political Connection, M&A and Enterprise Performance: Evidence from China Listed Companies
- Resource Type
- Article
- Authors
- 장나; 이상휘
- Source
- 국제지역연구, 20(4), pp.147-161 Dec, 2016
- Subject
- 경제학
- Language
- English
- ISSN
- 1226-6000
Based on the samples of the Chinese listed companies, this paper studies the influence of political connection on enterprises M&A. We show that the political networks of the listed corporations in China considerably affect their M&A activities. More and greater M&A appear on the companies with political connection. The government mostly influences the political connections on the enterprises M&A. Moreover, we try to find out how much political connection affect the results of the enterprises M&A. Our study can contribute to a new aspect of the political connection in literature, as well as its fiscal consequences in China.