Private Equity Investment and Performance of Cross-border mergers and acquisitions

This paper studies the role of private equity investment in cross-border mergers and acquisitions of small and medium-sized listed companies in China. The results show that the acquirers with private equity participation can achieve better short-term performance, but the impact on long-term performance is not significant. The findings of this paper provide a good enlightenment for Chinese listed companies to carry out cross-border mergers and acquisitions in the future.

Private equity investment; Cross-border M&A; Short-term performance; Long-term performance

Yuling Zheng, Jiewu Hu. Private Equity Investment and Performance of Cross-border mergers and acquisitions. 2019 Asia-Pacific Forum on Economic and Social Development (APFESD 2019). 2019, Vol.2: 164-167.