GSTF Journal on Business Review (GBR)

, 4:14

First online:

Open Access This content is freely available online to anyone, anywhere at any time.

A Study of Chinese Reverse Mergers in United States Capital Markets

  • Charles W. DuValAffiliated withBarnett School of Business, Florida Southern CollegeOld Dominion University
  • , Will QuilliamAffiliated withBarnett School of Business, Florida Southern CollegeUniversity of Florida


This article examines Chinese reverse mergers (RMs), historically a popular method for Chinese companies to enter the United States capital markets. The authors develop a regression model to identify the characteristics associated with successful Chinese RM companies and compare their long term performance to other benchmarks, to include U.S. reverse mergers, Chinese cross-listed firms and the Russell 2000.


Chinese reverse mergers capital markets