A study on the impact of independent directors' linkage network structure on M&A premium

Mergers and acquisitions (M&As) are always an important way for companies to improve their competitiveness, and the social network structure of independent directors has an impact on M&As in the context of “social-type” relationships in China. This paper summarizes and analyzes the current background of the influence of social networks on M&A and the hot topics studied by scholars, and reviews the current research trends and directions in order to discover new research perspectives and enrich the current research on the relationship between social networks and corporate M&A.