The influence of CSR on cross-border mergers and acquisitions

doi:10.1016/j.frl.2024.106273

	The influence of CSR on cross-border mergers and acquisitions
	Feng, Hongxia1 ; Yang, Bowen 2; Bhandari, Pratikshya 2
	2024-12
发表期刊	FINANCE RESEARCH LETTERS
卷号	70
摘要	This paper conducts a comprehensive analysis of Chinese enterprises' cross-border mergers and acquisitions (M&A) events from 2012 to 2022, investigating the influence of corporate social responsibility (CSR) levels on cross-border M&A within the Chinese context. The research reveals that enterprises with higher CSR scores tend to experience lower success rates in cross-border M&A. Both internal and external CSR dimensions exhibit negative impacts on cross-border M&A, with external CSR demonstrating a more pronounced adverse effect. Notably, a history of successful cross-border M&A outcomes significantly enhances the likelihood of smoothly completed future transactions..
关键词	Corporate social responsibility Cross-border mergers and acquisitions Corporate ownership
DOI	10.1016/j.frl.2024.106273
收录类别	SSCI
ISSN	1544-6123
语种	英语
WOS研究方向	Business & Economics
WOS类目	Business, Finance
WOS记录号	WOS:001342525900001
出版者	ACADEMIC PRESS INC ELSEVIER SCIENCE
原始文献类型	Article
EISSN	1544-6131
文献类型	期刊论文
条目标识符	http://ir.lzufe.edu.cn/handle/39EH0E1M/38150
专题	工商管理学院
通讯作者	Feng, Hongxia
作者单位	1.Lanzhou Univ Finance & Econ, Sch Business Adm, Lanzhou 730020, Peoples R China; 2.Shinawatra Univ, Sch Management, Pathum Thani 11000, Thailand
第一作者单位	兰州财经大学
通讯作者单位	兰州财经大学
推荐引用方式 GB/T 7714	Feng, Hongxia,Yang, Bowen,Bhandari, Pratikshya. The influence of CSR on cross-border mergers and acquisitions[J]. FINANCE RESEARCH LETTERS,2024,70.
APA	Feng, Hongxia,Yang, Bowen,&Bhandari, Pratikshya.(2024).The influence of CSR on cross-border mergers and acquisitions.FINANCE RESEARCH LETTERS,70.
MLA	Feng, Hongxia,et al."The influence of CSR on cross-border mergers and acquisitions".FINANCE RESEARCH LETTERS 70(2024).