A study on risks of cross-border merger and acquisition of SOES in China based on PEST model

Author

Weizhi, Yang

Author_Institution

Sch. of Manage., Harbin Univ. of Commerce, Harbin, China

fYear

2011

fDate

8-11 Jan. 2011

Firstpage

1260

Lastpage

1264

Abstract

Facts show that there are existing great risks in the course of M&A for SOEs, resulting in the low rate of success. In order to analyze the features of M&A conducted by SOEs in China, qualitative research method and inductive research method are applied. What is more, with the aid of the PEST model, some cases concerned, both successful and unsuccessful, are further delved into and many key risk factors in the course of M&A in the area of politics, economy, culture and technology are identified. All these are of great practical significance to the avoidance of decision errors and the further implementation of China´s strategy “going global”.

Keywords

corporate acquisitions; macroeconomics; politics; socio-economic effects; China; PEST model; SOES acquisition; cross-border merger; inductive research method; politics-economy-social culture-technology model; qualitative research method; state-owned enterprises; Biological system modeling; Corporate acquisitions; Economics; Government; Industries; Intellectual property; Law; PEST model; merger and acquisition; risks in merger and acquisition; tate-owned enterprise;

fLanguage

English

Publisher

ieee

Conference_Titel

Management Science and Industrial Engineering (MSIE), 2011 International Conference on

Conference_Location

Harbin

Print_ISBN

978-1-4244-8383-9

Type

conf

DOI

10.1109/MSIE.2011.5707651

Filename

5707651