Xiongyuan, Wang; Xu, Jing; Wang, Shuai - In: China journal of accounting research : CJAR 17 (2024) 1, pp. 1-36
Corporate mergers and acquisitions (M&As) are subject to skewed logic due to excessive government regulation. China is … to the market. Using the DID method, we examine the impact of relaxing market access regulation on firms' M&A behavior …