July 16, 2018

Chinese Reverse Mergers

Study: Once You Get Past the Accounting Fraud, Chinese Reverse Merger Companies Are Great

A paper presented in August at the annual meeting of the American Accounting Association in Anaheim, Calif., found that “the current Sino-phobic reaction to Chinese reverse mergers may be overblown.” In an effort to assess the performance of these often maligned companies, the study concluded that “as an asset class, Chinese reverse-merger firms (CRMs) have performed […]