| Acknowledgement | 第4-5页 |
| Dedication | 第5-6页 |
| List of abbreviations | 第6-7页 |
| 摘要 | 第7-8页 |
| Abstract | 第8页 |
| Chapter 1 Introduction | 第11-18页 |
| 1.1 Background of Study | 第14-15页 |
| 1.2 Problem Statement | 第15-16页 |
| 1.3 Research Question | 第16页 |
| 1.4 Research Objectives | 第16页 |
| 1.5 Contribution of Study | 第16-18页 |
| Chapter 2 Literature Review | 第18-31页 |
| 2.1 Context of the Study | 第22-23页 |
| 2.2 Hypotheses Development | 第23-31页 |
| 2.2.1 CEOs'Personal Characteristics and Acquisitions | 第23-27页 |
| 2.2.2 Corporate Governance and Acquisition | 第27页 |
| 2.2.3 Resistance by controlling owner of target firm | 第27-28页 |
| 2.2.4 Politically connected CEOs and effect on Acquisitions | 第28-31页 |
| Chapter 3 Research Design and Methodology | 第31-34页 |
| 3.1 Data, Sample and Description of Variables | 第31-32页 |
| 3.2 Multivariate Regression | 第32页 |
| 3.3 Conceptual Framework | 第32-34页 |
| Chapter 4 Analysis and Discussions | 第34-52页 |
| 4.1 Descriptive Statistics | 第34-35页 |
| 4.1.1 Descriptive Statistics on the basis of CEO Age Groups | 第34-35页 |
| 4.2 Multivariate Regression Analysis | 第35-52页 |
| 4.2.1 CEOs'Personal Characteristics and Acquisitions | 第35-45页 |
| 4.2.2 Market Reaction around Announcement of M&A | 第45-47页 |
| 4.2.3 Corporate Governance and Acquisition | 第47-49页 |
| 4.2.4 Largest Shareholders and M&A in China | 第49页 |
| 4.2.5 CEOs'Political Connections and Acquisitions | 第49-50页 |
| 4.2.6 Non-SOEs and CEOs'personal characteristics | 第50-51页 |
| 4.2.7 State-owned enterprises and CEOs'personal characteristics | 第51-52页 |
| Chapter 5 Conclusion | 第52页 |
| Limitations of Study | 第52-54页 |
| Bibliography | 第54-60页 |
| Appendix | 第60-66页 |
