%0 Journal Article
%T Empirical Analysis on Motives behind Acquisitions and Share Price Responses: Evidence from Acquisition in China''''s Securities Market<br>上市公司并购动机及股价反应的实证检验
%A GU Yong
%A WU Chong-feng
%A <br>顾勇
%A 吴冲锋
%J 系统工程理论与实践
%D 2002
%I 
%X Currently in China there are two main means to acquire listed companies: back-door listing and state-owned equity transfer. After verified by regression methodology, the motives behind back-door listing are to pursue inside trading. Furthermore, as far as share price response patterns are concerned, there is no significant difference between the two acquisition means after acquisition cases are studied by factor analysis.
%K motives behind acquisition
%K back-door listing
%K state-owned equity transfer
%K share price responses<br>并购动机
%K 买壳上市
%K 股权划拨
%K 股价反应
%U http://www.alljournals.cn/get_abstract_url.aspx?pcid=01BA20E8BA813E1908F3698710BBFEFEE816345F465FEBA5&cid=962324E222C1AC1D&jid=1D057D9E7CAD6BEE9FA97306E08E48D3&aid=AA3C9567D4F75E45&yid=C3ACC247184A22C1&vid=BC12EA701C895178&iid=0B39A22176CE99FB&sid=656F8C8401D91023&eid=CFAC5CB624A41AFD&journal_id=1000-6788&journal_name=系统工程理论与实践&referenced_num=10&reference_num=4