{"title":"万科-宝能案及其后:中国的敌意收购与公司治理","authors":"S. Kang","doi":"10.2139/ssrn.3399767","DOIUrl":null,"url":null,"abstract":"This draft explores the takeover war between Vanke (target) and Baoneng Group (bidder) and related issues on hostile takeovers in China. The Vanke-Baoneng case (hereinafter Vanke case) has raised many questions about corporate governance, a market for corporate control, market institutions, regulatory issues, and political economy implications. The draft consists of three Parts. Part I sketches the Vanke case. Part II examines some selective corporate governance topics relating to the Vanke case and the hostile takeover regime in China. Part III summarizes the draft and concludes.","PeriodicalId":204227,"journal":{"name":"CGN: Corporate Law Including Merger & Acquisitions Law (Sub-Topic)","volume":"28 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2018-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Vanke-Baoneng Case and Beyond: Hostile Takeover and Corporate Governance in China\",\"authors\":\"S. Kang\",\"doi\":\"10.2139/ssrn.3399767\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This draft explores the takeover war between Vanke (target) and Baoneng Group (bidder) and related issues on hostile takeovers in China. The Vanke-Baoneng case (hereinafter Vanke case) has raised many questions about corporate governance, a market for corporate control, market institutions, regulatory issues, and political economy implications. The draft consists of three Parts. Part I sketches the Vanke case. Part II examines some selective corporate governance topics relating to the Vanke case and the hostile takeover regime in China. Part III summarizes the draft and concludes.\",\"PeriodicalId\":204227,\"journal\":{\"name\":\"CGN: Corporate Law Including Merger & Acquisitions Law (Sub-Topic)\",\"volume\":\"28 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2018-04-17\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"CGN: Corporate Law Including Merger & Acquisitions Law (Sub-Topic)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.3399767\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"CGN: Corporate Law Including Merger & Acquisitions Law (Sub-Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3399767","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
The Vanke-Baoneng Case and Beyond: Hostile Takeover and Corporate Governance in China
This draft explores the takeover war between Vanke (target) and Baoneng Group (bidder) and related issues on hostile takeovers in China. The Vanke-Baoneng case (hereinafter Vanke case) has raised many questions about corporate governance, a market for corporate control, market institutions, regulatory issues, and political economy implications. The draft consists of three Parts. Part I sketches the Vanke case. Part II examines some selective corporate governance topics relating to the Vanke case and the hostile takeover regime in China. Part III summarizes the draft and concludes.