Title :
M&A by Chinese State-owned Firms: An Environment-strategy Relationship Perspective - A Case from Baosteel Group Ltd.
Author :
Xiaogan, Wang ; Xiaojun, Du ; Wensong, Bai
Author_Institution :
Sch. of Bus. Adm., Northeastern Univ., Shenyang, China
Abstract :
Starting from the environment-strategy relationship perspective, the paper explains the industry and institution influence on M&A, and two propositions are given. With Baosteel Group Ltd. as target firm, the empirical analysis indicates that M&A by Chinese state-owned firms is response to environment.
Keywords :
corporate acquisitions; public finance; Baosteel group ltd; Chinese state owned firms; M&A; environment strategy relationship perspective; Analytical models; Book reviews; Industries; Organizations; Presses; Sociology; M&A; environment-strategy relationship; state-owned firms;
Conference_Titel :
E-Business and E-Government (ICEE), 2010 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-0-7695-3997-3
DOI :
10.1109/ICEE.2010.1049