Article citationsMore>>

Li, S.M. and Zhou, X.C. (2007) Empirical Study on Company Characteristics, Industry Characteristics and Types of M&As Strategy. Management World, No. 3, 130-137.

has been cited by the following article:

• TITLE: Study on the Peer Effect of Unrelated M&As Decisions

  AUTHORS: Lina Yu

  KEYWORDS: M&As Decisions, Unrelated M&As, Peer Effect

  JOURNAL NAME: Modern Economy, Vol.8 No.12, December 8, 2017

  ABSTRACT: This paper takes 7464 pieces of M&As events for A-share listed companies in China from 2010 to 2015 as samples and investigates the industry peer effect of unrelated M&As decisions. The research shows that there exists the peer effect when companies make unrelated M&As decisions in the same industry. This paper also makes further examinations and finds that the M&As experience and scale of companies enhance the peer effect. Moreover, companies with more industry competitions have more obvious industry peer effect. This paper enriches the M&As decisions theory and has guiding significance in practice.