The Influence of Cross-border Mergers and Acquisitions and Financial Crisis on Industrial Capital Inflow- The Case of The United States Acquisition in China
摘要:
This research reviews the 1997 Asian financial crisis and 2008 financial crisis, which have deeply traumatized the global financial system. It has not recovered for more than ten years. Cross-border mergers and acquisitions is the major form of FDI to gain strength. Financial Crisis of 2007 is an unprecedented in the history and the beginning was sub-prime mortgage crisis in the United States. The financial crises swept the world. The results illustrated that the financial crisis diminished mergers and acquisitions (M&A) capital flow from the US to China. Even a country with institutions as perfect as the US cannot avoid suffering losses to the finances and economy. Therefore, the global financial market should not over-expand credit, over speculate and seek personal gain.