Cet article appartient au dossier : ESCP Applied Research Papers 14.

Cumulative Abnormal Return

Do Chinese cross-border mergers and acquisitions create value in the context of the US-China trade war?

In the context of the US-China trade war since 1st March 2018, we aim to investigate if Chinese cross-border Mergers and Acquisitions create positive value by calculating the Cumulative Abnormal Return (CAR) for Chinese acquirors  investing in the US and in Europe (France, UK and Germany) before and during the trade war.

 

Mergers and acquisitions

L'auteur

  • Hui Zhao
    • M&A Analyst
      BNP Paribas
    • Alumni
      ESCP

Revue de l'article

Cet article est extrait de
Banque & Stratégie n°393

ESCP Applied research papers 14

In 2018, the Trump administration announced tariffs on approximately $283 billion of U.S imports, and these tariffs rate between 10% and 50%. As one of the U.S. trading partners, China retaliated with tariffs averaging 16% on approximately $121 billion of U.S. exports. In this context of the US-China trade war since 1st March 2018, we aim to investigate if Chinese cross-border Mergers and Acquisitions create positive value for Chinese publicly listed acquirors in the US and in Europe (France, UK and Germany) before and during the trade war. For this investigation, an event study analysis ...
Lire la suite >>

L'article que vous souhaitez consulter est payant ou réservé à nos abonnés.

Vous êtes abonné.
Merci de vous identifier.

Achetez ce contenu à l'unité

Tarif : 5.00 euros TTC
Banque & Stratégie

Sommaire du dossier

ESCP Applied Research Papers 14

Sur le même sujet