
The Role of Government in Cross-border Acquisition
- 1 Xi’an Jiaotong Liverpool University
* Author to whom correspondence should be addressed.
Abstract
So far, cross-border mergers and acquisitions is still working as one of the key motivates of globalization whether the economy is booming or not. As the economy connection among countries becomes stronger, governments tend to strengthen their control of international cooperation, which lead to the intervention actives. The article mainly talks about the role of government plays in cross-border mergers and acquisitions. Case study is used to help the illustration. It first introduces the global environment and background of cross-border M&A. After that, it analyses around the systems and regulations of China, and then use the failed case of Chinalco as an example to do the further analysis. At last, political bias is found to be the key influencing the degree of government intervention. To face with the problems, some solutions are discussed, such as emphasising market attributes instead of state-owned attributes, improving relevant systems, as well as doing a more perfect prepa-ration.
Keywords
government intervention, politics bias, mergers and acquisitions
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Cite this article
Guo,Z. (2023). The Role of Government in Cross-border Acquisition. Advances in Economics, Management and Political Sciences,13,243-248.
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Volume title: Proceedings of the 2nd International Conference on Business and Policy Studies
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