The Impact of Target Capital Structure and Market Mispricing on Takeover Financing: Empirical Evidence from China
(2016)
Journal Article
Li, J., & Gao, S. S. (2016). The Impact of Target Capital Structure and Market Mispricing on Takeover Financing: Empirical Evidence from China. Global Review of Accounting and Finance, 7(2), 80-92
The dynamic trade-off theory and the market timing theory of capital structure are applied to analyze 5,923 Chinese takeover events from 2007 to 2014 with a view to identifying the influence of target capital structure (TCS), market mispricing and th... Read More about The Impact of Target Capital Structure and Market Mispricing on Takeover Financing: Empirical Evidence from China.