Do China’s Manufacturing Cross-Border Mergers and Acquisitions Enhance Its Management Innovation Capabilities?
- DOI
- 10.2991/assehr.k.200207.065How to use a DOI?
- Keywords
- cross-border mergers and acquisitions, management innovation, manufacturing
- Abstract
In recent years, the rapid growth of overseas mergers and acquisitions of emerging market companies represented by Chinese companies has shown a strong incentive to catch up with innovation. From the perspective of management, this paper studies the impact of cross-border mergers and acquisitions of Chinese enterprises on management innovation capabilities. Based on the data of cross-border mergers and acquisitions of listed Chinese manufacturing companies from 2009 to 2018, this paper uses 2015 as the initial investment year for cross-border mergers and acquisitions, and uses the PSM-DID method to study the impact of cross-border mergers and acquisitions on parent company management innovation. The study found that, in general, cross-border mergers and acquisitions in the manufacturing industry have significantly improved the ability to manage and innovate enterprises. Compared with state-owned enterprises, cross-border mergers and acquisitions have a more significant impact on the management and innovation capabilities of private enterprises. This article provides a new perspective for clarifying the impact of cross-border mergers and acquisitions on corporate management innovation, and has certain inspirational value for the practice of cross-border mergers and acquisitions in emerging market companies.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yunyun Luo PY - 2020 DA - 2020/02/17 TI - Do China’s Manufacturing Cross-Border Mergers and Acquisitions Enhance Its Management Innovation Capabilities? BT - Proceedings of the International Academic Conference on Frontiers in Social Sciences and Management Innovation (IAFSM 2019) PB - Atlantis Press SP - 421 EP - 425 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.200207.065 DO - 10.2991/assehr.k.200207.065 ID - Luo2020 ER -