[1]
|
R. Morck, A. Shleifer and R. W. Vishny, “Do Managerial Objectives Drive Bad Acquisitions?” Journal of Finance, Vol. 45, No. 1, 1990, pp. 31-48.
doi:10.1111/j.1540-6261.1990.tb05079.x
|
[2]
|
T. Straub and J. C. Jarillo, “Reasons for Frequent Failure in Mergers and Acquisitions: A Comprehensive Analysis,” Deutscher Universitats-Verlag, Wiesbaden, 2007.
doi:10.1007/978-3-8350-9637-0
|
[3]
|
P. L. Wang, Y. H. Jin and J. J. Chang, “Analysis of M & A Activities on the Agency Costs of Listed Company in China,” Journal of Financial Research, No. 4, 2007, pp. 171-177.
|
[4]
|
M. C. Jensen and R. S. Ruback, “The Market for Corporate Control: The Scientific Evidence,” Journal of Financial Economics, Vol. 11, No. 1, 1983, pp. 5-50.
doi:10.1016/0304-405X(83)90004-1
|
[5]
|
G. A. Jarrell and A. B. Poulsen, “The Returns to Acquiring Firms in Tender Offers: Evidence from Three Decades,” Financial Management, Vol. 18, 1989, pp. 12-19.
doi:10.2307/3665645
|
[6]
|
P. M. Healy, K. G. Palepu and R. S. Ruback, “Does Corporate Performance Improve after Mergers?” Journal of Financial Economics, Vol. 31, No. 2, 1992, pp. 135-175.
doi:10.1016/0304-405X(92)90002-F
|
[7]
|
H. Q. Yuan, “Empirical Analysis of the Assets Reorganization of Listed Companies,” Economic Management, Vol. 3, 1998, p. 024.
|
[8]
|
G. F. Feng and L. J. Wu, “An Empirical Study of the M & A Performance of Chinese Listed Companies,” Economic Research Journal, No. 1, 2001, pp. 54-61.
|
[9]
|
H. L. Wang, “Discussion on the Classification of the Research Methods of M & A Performance,” Modern Economic Science, No. 1, 2005, pp. 70-75.
|
[10]
|
X. Zhang, “Do Mergers and Acquisitions Create Value: Evidence from Chinese Listed Companies,” Economic Research Journal, No. 6, 2003, pp. 20-29.
|
[11]
|
T. Zhu, “Toward the Short and Long Run Share Price Performance of M & A for China Listed Companies,” Modern Economic Science, No. 3, 2006, pp. 31-39.
|
[12]
|
X. P. Liu, X. W. Huang and H. Y. Guo, “The Empirical Study of Industry Life Cycle, the Types of M & A and the Performance of M & A,” Journal of Financial Research, No. 3, 2009, pp. 135-153.
|
[13]
|
H. Ashbaugh-Skaife, D. W. Collins and R. Lafond, “The Effect of Sox Internal Control Deficiencies on Firm Risk and Cost of Equity,” Journal of Accounting Research, Vol. 47, No. 1, 2008, pp. 1-43.
doi:10.1111/j.1475-679X.2008.00315.x
|
[14]
|
J. T. Doyle, W. Ge and S. McVay, “Accruals Quality and Internal Control over Financial Reporting,” The Accounting Review, Vol. 82, No. 5, 2007, pp. 1141-1170.
doi:10.2308/accr.2007.82.5.1141
|
[15]
|
J. Altamuro and A. Beatty, “How Does Internal Control Regulation Affect Financial Reporting?” Journal of Accounting and Economics, Vol. 49, No. 1, 2010, pp. 58-74.
doi:10.1016/j.jacceco.2009.07.002
|
[16]
|
F. Brochet, “Information Content of Insider Trades before and after the Sarbanes-Oxley Act,” The Accounting Review, Vol. 85, No. 2, 2010, pp. 419-446.
doi:10.2308/accr.2010.85.2.419
|
[17]
|
W. F. Li, B. Lin and L. Song, “The Role Played by the Internal Control in Companies’ Investment: Is It a Promotion of Efficiency or a Repression Thereof?” Management World, No. 2, 2011, pp. 81-99.
|
[18]
|
E. R. Patterson and J. R. Smith, “The Effects of Sarbanes-Oxley on Auditing and Internal Control Strength,” The Accounting Review, Vol. 82, No. 2, 2007, pp. 427-455.
doi:10.2308/accr.2007.82.2.427
|
[19]
|
E. Engel, R. M. Hayes and X. Wang, “The Sarbanes-Oxley Act and Firms’ Going-Private Decisions,” Journal of Accounting and Economics, Vol. 44, No. 1, 2007, pp. 116-145. doi:10.1016/j.jacceco.2006.07.002
|
[20]
|
I. X. Zhang, “Economic Consequences of the Sarbanes-Oxley Act of 2002,” Journal of Accounting and Economics, Vol. 44, No. 1, 2007, pp. 74-115.
doi:10.1016/j.jacceco.2007.02.002
|
[21]
|
F. Gao, J. S. Wu and J. Zimmerman, “Unintended Consequences of Granting Small Firms Exemptions from Securities Regulation: Evidence from the Sarbanes-Oxley Act,” Journal of Accounting Research, Vol. 47, No. 2, 2009, pp. 459-506.
doi:10.1111/j.1475-679X.2009.00319.x
|
[22]
|
Y. Amihud and B. Lev, “Risk Reduction as a Managerial Motive for Conglomerate Mergers,” The Bell Journal of Economics, Vol. 12, No. 2, 1981, pp. 605-617.
doi:10.2307/3003575
|
[23]
|
R. Roll, “The Hubris Hypothesis of Corporate Takeovers,” Journal of Business, Vol. 9, No. 2, 1986, pp. 197-216. doi:10.1086/296325
|
[24]
|
A. Shleifer and R. W. Vishny, “Management Entrenchment: The Case of Manager-Specific Investments,” Journal of Financial Economics, Vol. 25, No. 1, 1989, pp. 123-139. doi:10.1016/0304-405X(89)90099-8
|
[25]
|
R. Morck, A. Shleifer and R. W. Vishny, “Do Managerial objectives Drive Bad Acquisitions?” Journal of Finance, Vol. 45, No. 1, 1990, pp. 31-48.
doi:10.1111/j.1540-6261.1990.tb05079.x
|
[26]
|
T. M. Grubb and R. B. Lamb, “Capitalize on Merger Chaos: SIX Ways to Profit from Your Competitors’ Consolidation and Your Own,” Free Press, 2001.
|
[27]
|
G. R. Chen and Z. Q. Ai, “Disscusion on the Financial Risk of M & A,” Enterprise Vitality, No. 2, 2002, pp. 69-71.
|
[28]
|
Z. Y. Xu, “Systematic Features and Construction of Business M & A Risk Management Procedure,” Commercial Research, No. 10, 2005, pp. 70-73.
|
[29]
|
L. Chen, “Analysis of the Internal Control of Mergers and Acquisitions,” Agricultural Economy, No. 7, 2007, pp. 78-79.
|
[30]
|
X. Y. Xu, “The Research on M & A Value and Internal Control of Mergers and Acquisitions,” Beijing Jiaotong University, Beijing, 2009.
|
[31]
|
Y. M. Cui and X. Yu, “Study on the Evaluation of Internal Control Based on the Process of Strategic M & A,” Accounting Research, No. 6, 2011, pp. 57-62.
|
[32]
|
X. Y. Lu, “A Study on the Impact of Internal Control to the Performance of Mergers and Acquisitions of Listed Company,” Tianjin University, Tianjin, 2011.
|
[33]
|
H. X. Fang and Y. N. Jin, “Can High Quality Internal Control Reduce Earnings Management? An Empirical Research Based on Voluntary Internal Control Audits Reporting,” Accounting Research, No. 8, 2011, pp. 53-60.
|
[34]
|
X. Chen, X. Y. Chen and Z. Liu, “Research on the Usefulness of Earning Reports—Evidence from Shanghai and Shenzhen Stock Markets,” Economic Research Journal, Vol. 6, 1999, pp. 21-28.
|
[35]
|
K. G. Palepu, “Predicting Takeover Targets: A Methodological and Empirical Analysis,” Journal of Accounting and Economics, Vol. 8, No. 1, 1986, pp. 3-35.
doi:10.1016/0165-4101(86)90008-X
|
[36]
|
B. M. Barber and J. D. Lyon, “Detecting Abnormal Operating Performance: The Empirical Power and Specification of Test Statistics,” Journal of financial Economics, Vol. 41, No. 3, 1996, pp. 359-399.
doi:10.1016/0304-405X(96)84701-5
|
[37]
|
R. W. Banz, “The Relationship between Return and Market Value of Common Stocks,” Journal of Financial Economics, Vol. 9, No. 1, 1981, pp. 3-18.
doi:10.1016/0304-405X(81)90018-0
|
[38]
|
R. G. Zhang and R. R. Zhang, “Application of Financial Leverage in Enterprises M & A and Risks,” Journal of Chang’an University (Social Science Edition), Vol. 8, No. 2, 2006.
|
[39]
|
L. H. Xie, S. C. Liu and Y. H. Qiu, “Impact of Learning Managers’ Over-Confidence in Serial M & A Performances—Data from China’s Listed Companies,” Management Review, Vol. 23, No. 7, 2011, pp. 149-154.
|
[40]
|
Z. H. Hu and Y. Xia, “Can Independent Directors Increase the Bidding-Firm Shareholders’ Wealth—Data from of the Takeover Evidence China’s Listed Companies,” Journal of Shanxi Finance and Economics University, No. 4, 2007, pp. 78-84.
|
[41]
|
A. Wong and K. Y. Cheung, “The Effects of Merger and Acquisition Announcements on the Security Prices of Bidding Firms and Target firms in Asia,” International Journal of Economics and Finance, Vol. 1, No. 2, 2009, p. 274.
|