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Choosing a target firm in M&A is always challenging, since it greatly affects post-acquiring performance. This paper analyzes three overseas M & A cases presented firms positioned in upstream, midstream and downstream sections of global value chain, the result showed each company have different focus while selecting target firms: technology-based enterprises which positioned in upstream of...
In the era of economic globalization, it is no longer a matter of whether or not to participate in global economies, but how to do so in a manner that provides sustainable development for the key actors within global value chain (GVC). By identifying the contexts and essence of GVC, this paper proposes a set of governance mechanism, which differs from both the invisible hand as market price mechanism...
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