The Dynamics of M&A Strategy: Mastering the Outbound M&A Wave of Chinese Banks

ISBN-13: 9783631600931 / Angielski / Miękka / 2010 / 337 str.

Schmidt, Björn

Opis

China s banking sector has witnessed significant inbound M&A traffic by developed market banks in recent years. At the same time, Chinese banks have risen to become some of the world s biggest banks. Along with these massive market values and financing capabilities have come global ambitions culminating in first outbound M&A moves. This study exploratively researches the relationship between developed market banks inbound M&A into China and Chinese banks outbound M&A. Based on a conceptual discussion, case studies and expert interviews an explanation model is developed outlining the drivers and barriers of Chinese banks outbound M&A and the factors in the inbound-outbound relationship. This model enables developed market banks to analyse potential M&A reactions by incumbents. Finally, dynamic M&A market entry strategies are derived, which explicitly account for future incumbent outbound M&A moves."

Spis treści

Contents: Market entry in strategic management - Static versus dynamic analysis - The action-response dyad and firm interaction - Research status - The explanatory value of the market-based view and of supplementing theoretical approaches - Case studies of Chinese outbound M&A - Semi-structured expert interviews - Dynamic M&A market entry explanation model - Recommended courses of action - Examples of dynamic M&A market entry strategies - Research and management contribution and implications.

O autorze

Björn B. Schmidt, born 1980, studied Business Administration at Warwick Business School and Kingston University London, where he obtained an MSc with Distinction and a BA (Hons), respectively. Following his studies he worked for a global bank, ultimately as Associate in a corporate strategy function. He earned his doctorate from Potsdam University in 2010 and currently is a Junior Executive with a leading media corporation.