Research on The Visualization of The Literature About Cross-Border Mergers and Acquisition -- Based on The Analysis of WOS Database

• 1、Economic and Management School, Zhejiang University of Technology, Hangzhou 310023

Abstract：Taking advantage of data visualization technic, this paper analyzes the latest 30 years of research development on cross-border mergers and acquisition in time slots by using Citespace. Combining the important globalization events and the cross-border M&As data, how theories develop and evolve are able to be discovered. Our findings counts: research on cross-border M&A experienced not only a shift from M&As to cross-border M&Asin research object , but also a shift from performance and deteminants to value creation in focal point , as well as a shift from developed country to developing country in research context. The basic assumption of the theory has been gradually shifted from a zero sum game to a positive sum game, and the theory applicability is from narrow to broad. The focus of theoretical research is gradually refined and the research methods are diversified. However, there is a lack of forecast research and exist some unavoidable problems such as short sample priod and improper methods. Consquently there is still a lot of innovative work to be done in this field.

Keywords： Cross-Border M&As Visualzation Knowledge Graph Evolution Mechanism