Matches in SemOpenAlex for { <https://semopenalex.org/work/W4317888347> ?p ?o ?g. }
- W4317888347 abstract "Purpose Viewing the domestic downside risk as a “pushing” factor for outward foreign direct investment (OFDI), this study aims to examine the surge in Chinese cross-border acquisitions (CBAs) between 2008 and 2017, a unique window when private firms in China were allowed to conduct CBAs. Design/methodology/approach This study examines the effect of down-side risk on cross-border acquisition performance by using the sample of Chinese A-share listed companies from 2008 to 2017. Specifically, this study considers three kinds of systemic risk, systematic risk and idiosyncratic risk, and respectively examines their impact on CBAs activities; this study also investigates their subsequent results after CBAs activities. The contingency effect of state ownership on the above relationship is also discussed. Findings The findings reveal that pre-CBA systemic risk explains the volume of CBA activities; CBAs are followed by a reduction in systemic risk; the interactions between systemic risk and CBAs decrease with the level of state ownership; and the above results do not hold for traditional risk measures (i.e. systematic risk and idiosyncratic risk). Originality/value This study contributes to the literature by revealing the role of systemic risk as a “pushing” factor in the context of OFDI and suggesting an alternative explanation for CBAs from China: Chinese firms (especially private firms) took advantage of the rare opportunity between 2008 and 2017 given by the government to transfer assets overseas through CBA." @default.
- W4317888347 created "2023-01-25" @default.
- W4317888347 creator A5027887326 @default.
- W4317888347 creator A5033758347 @default.
- W4317888347 creator A5057341166 @default.
- W4317888347 creator A5086664647 @default.
- W4317888347 date "2023-01-26" @default.
- W4317888347 modified "2023-10-01" @default.
- W4317888347 title "Fleeing from systemic risk at home through cross-border acquisitions" @default.
- W4317888347 cites W1515990091 @default.
- W4317888347 cites W1531341052 @default.
- W4317888347 cites W1870820680 @default.
- W4317888347 cites W1973685231 @default.
- W4317888347 cites W1975651820 @default.
- W4317888347 cites W1981944838 @default.
- W4317888347 cites W1983829006 @default.
- W4317888347 cites W1985801767 @default.
- W4317888347 cites W1994155799 @default.
- W4317888347 cites W1997387874 @default.
- W4317888347 cites W1999376186 @default.
- W4317888347 cites W2010877484 @default.
- W4317888347 cites W2014301961 @default.
- W4317888347 cites W2018142623 @default.
- W4317888347 cites W2020595149 @default.
- W4317888347 cites W2025417276 @default.
- W4317888347 cites W2028460001 @default.
- W4317888347 cites W2032146394 @default.
- W4317888347 cites W2045167455 @default.
- W4317888347 cites W2047396965 @default.
- W4317888347 cites W2066297874 @default.
- W4317888347 cites W2073104443 @default.
- W4317888347 cites W2076438649 @default.
- W4317888347 cites W2083212618 @default.
- W4317888347 cites W2092394524 @default.
- W4317888347 cites W2099167504 @default.
- W4317888347 cites W2103677196 @default.
- W4317888347 cites W2106998098 @default.
- W4317888347 cites W2110684722 @default.
- W4317888347 cites W2119475926 @default.
- W4317888347 cites W2142510353 @default.
- W4317888347 cites W2143480227 @default.
- W4317888347 cites W2144413950 @default.
- W4317888347 cites W2160861654 @default.
- W4317888347 cites W2163924442 @default.
- W4317888347 cites W2188466126 @default.
- W4317888347 cites W2193634062 @default.
- W4317888347 cites W2269064221 @default.
- W4317888347 cites W2326814585 @default.
- W4317888347 cites W2339316375 @default.
- W4317888347 cites W2355578326 @default.
- W4317888347 cites W2413742228 @default.
- W4317888347 cites W2503166470 @default.
- W4317888347 cites W2525225165 @default.
- W4317888347 cites W2530259327 @default.
- W4317888347 cites W2540370069 @default.
- W4317888347 cites W2574976772 @default.
- W4317888347 cites W2592081233 @default.
- W4317888347 cites W2605072697 @default.
- W4317888347 cites W2621032638 @default.
- W4317888347 cites W2654475146 @default.
- W4317888347 cites W2741454397 @default.
- W4317888347 cites W2773110590 @default.
- W4317888347 cites W2784646476 @default.
- W4317888347 cites W2889431108 @default.
- W4317888347 cites W2893285735 @default.
- W4317888347 cites W2897760862 @default.
- W4317888347 cites W2898933707 @default.
- W4317888347 cites W2899752335 @default.
- W4317888347 cites W2971898332 @default.
- W4317888347 cites W2992158845 @default.
- W4317888347 cites W2992361835 @default.
- W4317888347 cites W3006399962 @default.
- W4317888347 cites W3016449801 @default.
- W4317888347 cites W3032026257 @default.
- W4317888347 cites W3121737104 @default.
- W4317888347 cites W3122246746 @default.
- W4317888347 cites W3122471459 @default.
- W4317888347 cites W3123085324 @default.
- W4317888347 cites W3124218595 @default.
- W4317888347 cites W3124240960 @default.
- W4317888347 cites W3124940488 @default.
- W4317888347 cites W3124951432 @default.
- W4317888347 cites W3125184495 @default.
- W4317888347 cites W3125720916 @default.
- W4317888347 cites W3179267469 @default.
- W4317888347 cites W3205939149 @default.
- W4317888347 cites W4230327943 @default.
- W4317888347 cites W804837730 @default.
- W4317888347 cites W3126125765 @default.
- W4317888347 doi "https://doi.org/10.1108/mbr-02-2022-0026" @default.
- W4317888347 hasPublicationYear "2023" @default.
- W4317888347 type Work @default.
- W4317888347 citedByCount "0" @default.
- W4317888347 crossrefType "journal-article" @default.
- W4317888347 hasAuthorship W4317888347A5027887326 @default.
- W4317888347 hasAuthorship W4317888347A5033758347 @default.
- W4317888347 hasAuthorship W4317888347A5057341166 @default.
- W4317888347 hasAuthorship W4317888347A5086664647 @default.
- W4317888347 hasConcept C10138342 @default.
- W4317888347 hasConcept C139719470 @default.