我国股票市场驱动上市公司并购实证研究

The Empirical Studying on Driving Acquisition of Listed Companies in China's Security Market

公司的并购行为会受证券市场投资者的非理性行为的影响。介绍了市场驱动公司并购理论,并运用这一理论对我国市场驱动上市公司并购进行了实证研究。

Merger and acquisition （M＆A） activities are always affected by the irrational behavior of investors.The paper introduces the theory of Security Market Drive Acquisition and make an empirical study on Security Market Drive Acquisition of China＇s listed companies.