期刊文献+

在华外资并购绩效实证分析——以饮料、洗涤用品、化妆品和汽车制造业为例 被引量:4

Empirical Analysis on the Performance of Merger and Acquisition of Overseas Fund in China——Taking Drink,Clean Products,Cosmetic and Automobile Manufacturing Industries as Examples
在线阅读 下载PDF
导出
摘要 跨国并购是外国直接投资进入中国市场的一种主要手段。自中国加入WTO后,外资在华掀起一波接一波的并购浪潮,国内很多行业出现外资垄断现象,一些知名民族品牌开始淡出市场。以国内饮料、洗涤用品、化妆品和汽车制造业这四个行业的进出口贸易数据为基础,以贸易指数和竞争优势指数为工具来分析这种并购的绩效。结果发现,并购加快了中国产业结构调整,但对产业竞争优势的提高没有太大的效应,同时还阻碍了某些行业民族企业的发展。 Cross-border merger and acquisition is a main way of FDI into China market. Since China's entry into WTO, foreign investments in China have set off a wave of mergers and acquisitions. Many industries are monopolized by foreign funds in China, and some famous national brands start to disappear in the market. Based on the export and import trade data of drink, clean products, cosmetic and automobile manufacturing industries in China, the performance of this merger and acquisition is analyzed with trade index and competitiveness index as tools. And it is found that merger and acquisition accelerate the adjustment of the industrial structure of China, influence little the improvement of the industrial competitiveness and restrict the development of the national enterprises of some industries.
作者 余敏
出处 《四川理工学院学报(社会科学版)》 2010年第1期66-70,共5页 Journal of Sichuan University of Science & Engineering(Social Sciences Edition)
关键词 外资并购 绩效 实证分析 贸易竞争 外资垄断 产业结构 merger and acquisition of overseas fund performance empirical analysis trade competition monopoly by foreign fund industrial structure
  • 相关文献

参考文献9

  • 1Barba Navaretti,Giorgio and Anthony Venables et al.,Multinational Firms in the World Economy[M].Princeton University Press,2006:325.
  • 2Neary,J.P.,Cross-border mergers as instruments of compara rive advantages[J]. Review of Economic Studies,2007, (74) 1229-1257.
  • 3Salant,S.,S.Switzer,and R.Reynolds,Losses from horizontal merger:the effects of an exogenous change in industry structure on Coumot-Nash Equilibrium[J].Quarterly Journal of Economics, 1983, (98):99 - 185.
  • 4Bradley.M,A.Desai and E.H.Kim,Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms[J]. Journal of Financial Economics, 1988, (21):3 -40.
  • 5H.Manne,Mergers and the Market for Corporate Control[J]. Journal of Political Economy,1965,(73):110-120.
  • 6Mueller, Dennis C,A Theory of Conglomerate Mergers [J]. The Quarterly Journal of Economics,1983,(4):59-643.
  • 7Balassa,B.Balassa,B.,Revealed comparative advantage revisited [J].The Manchester Schoo1,1977,(45):327-44.
  • 8联合国商品网,http://comtrade.un.org.
  • 9中国统计网,http://www.stats.gov.cn.

同被引文献28

引证文献4

二级引证文献7

相关作者

内容加载中请稍等...

相关机构

内容加载中请稍等...

相关主题

内容加载中请稍等...

浏览历史

内容加载中请稍等...
;
使用帮助 返回顶部