SPEAKER：葛璐澜（上海立信会计金融学院）

TIME/DATE：2025.4.15   12:00-13:00

CLASSROOM：A505

TENCENT：996513085

PW：965511

LINK：https://meeting.tencent.com/dm/MtRjV9ugHXmh

ABSTRACT：

China and countries along the Belt and Road Initiative (BRI) route increasingly undertake cross-border mergers and acquisitions (M&As) and integrating into global value chains (GVCs). While extant research investigates the relationship between cross-border M&As and GVC position, the conclusions remain elusive. Using industry-level panel data covering 38 BRI countries, we demonstrate that cross-border M&As contribute to GVC upgrading, with international knowledge flow playing a positive role. We further show that the positive impact of cross-border M&As on GVC position is stronger in low-tech industries, low R&D strength, financially-developing and low digitalization countries. Moreover, the positive impact is augmented by BRI cooperation. Our research highlights the significance of participating in international investment and acquiring knowledge for BRI countries.

GUEST BIO：

葛璐澜，上海财经大学经济学博士，多伦多大学访问学者，上海立信会计金融学院讲师。主要研究方向：国际金融，企业投资动态，全球价值链等。在《The World Economy》《南开经济研究》《世界经济研究》等SSCI、CSSCI期刊发表数篇学术论文。主持或参与国家社科基金重点项目、上海高校青年教师培养资助计划、校教学改革实践项目等多项课题。