M&A and Corporate Consolidation: A Study of the Role of Competitive Government Behavior - Couverture rigide

Wang, Fengrong

Couverture rigide

ISBN 10 : 9811566747 ISBN 13 : 9789811566745

Editeur : Springer Verlag, Singapore, 2020

Synopsis

This book constructs an innovative theoretical analysis framework for corporate consolidation through M&A under the condition of government competition during the transition period. Under the condition of transitional economy, the government is an important agent in economic development. Government behaviors, especially government competitions, are institutional variables that affect enterprise behaviors and corporate consolidation. Based on the perspective of local government competition, starting from the essential problems of China's enterprise M&A during the transition period, and taking "the existence of M&A waves-the occurrence mechanism of M&A under government competition-the process of corporate consolidation under government competition--the macro and micro effects of M&A" as the main line, this book reveals the mechanism and effects of enterprise M&A on the evolution of industrial economic structure and regional economic structure under the paradigm of government competition. At the same time, taking "the motivations for government competition-conducts of government competition-effects of government competition" as the hidden line, the path of government competition and its impact mechanism are investigated. Relevant analysis of government competition is embodied in the logical framework of M&A and corporate consolidation.

A propos du livre

À propos de l'auteur

Fengrong Wang is Professor at The Center for Economic Research, Shandong University, and visiting professor at West Virginia University. His Main research areas include financial economics, the theory of corporate finance, and financial system and economic development, portfolio investment and capital management.

Détails de l'édition

• Éditeur: Springer Verlag, Singapore
• Date d'édition: 2020
• Langue: anglais
• ISBN 10: 9811566747
• ISBN 13: 9789811566745
• Reliure: Relié
• Numéro d'édition: 1
• Nombre de pages: 525
• Coordonnées du fabricant: Springer Nature Customer Service Center GmbH; ProductSafety@springernature.com; ; Europaplatz 3,69115 Heidelberg, Germany; Heidelberg; 69115; Allemagne