... leverage. It is using the industry adjustment method and calculation of mean and weighted mean considering company size. Findings Overall, German firms’ financial performance after Chinese M&A did not significantly improve, but they did not worsen either. The changes in financial ratios...

..., Germany ranked first”. Second, this research concentrates on post-acquisition integration paths dominated by Chinese acquirers. Regional effects therefore could not influence the research results. Also, samples were narrowed down to the industrial sector to highlight the representativeness of Chinese M...