Li Xi. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2006. / Includes bibliographical references (leaves 42-44). / Abstracts in English and Chinese. / Chapter 1. --- Introduction --- p.1 / Chapter 2. --- Literature Review / Chapter 2.1. --- Literature on Mature Markets --- p.6 / Chapter 2.2. --- Evidence from China --- p.8 / Chapter 3. --- Theoretical Rationale for the Main Hypotheses / Chapter 3.1. --- Institutional Settings --- p.10 / Chapter 3.2. --- Theoretical Argument --- p.11 / Chapter 3.3. --- Hypotheses --- p.13 / Chapter 4. --- Data / Chapter 4.1. --- Data Description --- p.16 / Chapter 4.2. --- Summary Statistics / Chapter 4.2.1. --- Pre-acquisition Characteristics --- p.18 / Chapter 4.2.2. --- Post-acquisition Operating Performance Dynamics --- p.19 / Chapter 5. --- Methodology / Chapter 5.1. --- Control Group Matching --- p.20 / Chapter 5.2. --- Comparison Analysis / Chapter 5.2.1. --- The Sample Group and the Control Group --- p.22 / Chapter 5.2.2. --- The Subgroups --- p.22 / Chapter 5.3. --- Post-acquisition Activities / Chapter 5.3.1. --- Restructuring Activities --- p.23 / Chapter 5.3.2. --- Financing Activities --- p.24 / Chapter 5.4. --- Pooled Regression / Chapter 5.4.1. --- Whole Sample Analysis --- p.26 / Chapter 5.4.2. --- Subgroups Analysis --- p.28 / Chapter 6. --- Empirical Results / Chapter 6.1. --- Post-acquisition Operating Performance Comparison --- p.29 / Chapter 6.2. --- Post-acquisition Restructuring Activities --- p.30 / Chapter 6.3. --- Post-acquisition Financing Activities --- p.32 / Chapter 6.4. --- Effectiveness of Takeovers --- p.33 / Chapter 6.5. --- Hypothesis Testing on Financing --- p.35 / Chapter 7. --- Discussion and Extension --- p.37 / Chapter 8. --- Conclusion --- p.41 / Chapter 9. --- References --- p.42 / Chapter 10. --- Tables --- p.45 / Chapter 11. --- Figures --- p.65