Thesis (M.A.)--Ohio University, June, 2004. / Includes bibliographical references (p. 28).

Thesis (M.A.)--Ohio University, June, 2004. / Title from PDF t.p. Includes bibliographical references (p. 28)

published_or_final_version / Business Administration / Master / Master of Business Administration

Leung Yuk Sze. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2005. / Includes bibliographical references (leaves 127-131). / Abstracts in English and Chinese. / Abstract --- p.i / 摘要 --- p.ii / Acknowledgement --- p.iii / Table of Contents --- p.iv / Chapter 1 Introduction --- p.1 / Chapter 2 Literature --- p.12 / Chapter 2.1 --- The Financial Characteristics of Target Firms --- p.12 / Chapter 2.2 --- Agency Problems in Emerging Markets --- p.15 / Chapter 2.3 --- The Ownership Characteristics of Target Firms --- p.17 / Chapter Chapter 3 --- Hypotheses --- p.21 / Chapter 3.1 --- The Financial Characteristics of Likely Targets --- p.23 / Chapter 3.2 --- Ownership Structure Characteristics and Takeovers --- p.27 / Chapter Chapter 4 --- Sample Construction --- p.33 / Chapter 4.1 --- Data Descriptions --- p.33 / Chapter 4.2 --- Variable Descriptions --- p.37 / Chapter Chapter 5 --- Regression Results on Financial Characteristics --- p.41 / Chapter 5.1 --- Methodology and Econometric Model --- p.41 / Chapter 5.2 --- Summary Statistics of Financial Variables --- p.43 / Chapter 5.3 --- The Financial Characteristics of Firms Targeted by Foreign Firms --- p.47 / Chapter 5.4 --- The Financial Characteristics of Firms Targeted by Foreign Firms during the Crisis Year --- p.50 / Chapter 5.5 --- The Financial Characteristics of Firms Targeted by Other Domestic Firms --- p.52 / Chapter Chapter 6 --- Regression Results on Governance Characteristics --- p.55 / Chapter 6.1 --- Methodology and Econometric Model --- p.55 / Chapter 6.2 --- Summery Statistics of Ownership Variables --- p.57 / Chapter 6.3 --- The Ownership Structure Characteristics of Target Firms during the Crisis --- p.60 / Chapter 6.4 --- Interaction between Liquidity and Corporate Governance Variables during the Crisis --- p.65 / Chapter 6.5 --- The Effects of Ownership Structures on the Likelihood of Foreign Acquisitions during the pre-Crisis Period --- p.69 / Chapter 6.6 --- The Ownership Structure Characteristics of Domestic Firms Targeted by Other Domestic Firms during the Crisis --- p.70 / Chapter Chapter 7 --- Discussion --- p.72 / Chapter 7.1 --- Additional Tests --- p.72 / Chapter 7.2 --- A Diagnostic Test --- p.74 / Chapter 7.3 --- Explanations and Limitations --- p.75 / Chapter Chapter 8 --- Conclusion --- p.78

The theme of this study is that seven major East Asian less developed countries (LDCs) have experienced "dependent development," and that some internal and external intervening factors mattered in that process. Utilizing a framework of "dependent development," the data analysis deals with the political economy of development in these countries. This analysis supports the fundamental arguments of the dependent development perspective, which emphasize positive effects of foreign capital dependence in domestic capital formation and industrialization in East Asian LDCs. This perspective assumes the active role of the state, and it is found here to be crucial in capital accumulation and in economic growth. This cross-national time-series analysis also shows that the effects of external dependence and military spending on capital accumulation and economic growth can be considered as a regional phenomenon. The dependent development perspective offers a useful way to understand economic dynamism of East Asian LDCs for the past two decades.