| The Relationship between the Trade Life Circle and the Takeover Type ——The Inspection of the Efficiency of the Market for Corporate Control in China |
| |
| 作者姓名： | Yuxiang Gao Guangmei Xing |
| |
| 作者单位： | [1]Ph. D candidate of School of Economics and Management of Beijing Jiaotong University, 100044 [2]Ph. D candidate of Law School of Renmin Univ. of China, Beijing, 100872 |
| |
| 摘 要： | According to the differences between operation and correlationship by both sides of the takeover in the market for corporate control, the takeover can be divided into three types--transverse takeover, longitudinal takeover and mixed takeover. Meanwhile, due to the activities of takeover taken by the companies in the different trade life circles adopting different takeover types, so their performances are different. Seeing about this relationship, you can effectively inspect the efficiency of the market for corporate control. Adopting298 stylebook data from the market for corporate control in China, and through empirical analyzing, it can see that because of the existing of the stock holding, the efficiency of the market for corporate control in China is not very high. The government tempts to adjust the industrial structure through merger and acquisition （M＆A）, but it urged the aim of state-owned economy forward strategic transfer difficult to come true. To solve the contradiction of ＂setting up of the stock holding＂ comes to no time to delay. ＇
|
The Relationship between the Trade Life Circle and the Takeover Type --The Inspection of the Efficiency of the Market for Corporate Control in China |
| |
| Yuxiang Gao Guangmei Xing.The Relationship between the Trade Life Circle and the Takeover Type --The Inspection of the Efficiency of the Market for Corporate Control in China[J].Chinese Business Review,2004,3(2):45-50. |
| |
| Abstract: | |
| |
| Keywords: | The market for corporate control takeover trade life circle |
| 本文献已被 维普 等数据库收录！ |
