He argued that acquisitions tended to be pro-cyclical and relied on the strength of the equity market.

他认为，企业收购往往是顺周期性的、并且依赖于股市的强势。

youdao

He argued that acquisitions tended to be pro-cyclical and relied on the strength of the equity market.

他认为，企业收购往往是顺周期性的、并且依赖于股市的强势。

youdao