Font Size: a A A

The Positive Research Of Mergers

Posted on:2003-10-14Degree:MasterType:Thesis
Country:ChinaCandidate:W X LinFull Text:PDF
GTID:2156360065456850Subject:Management Science and Engineering
Abstract/Summary:PDF Full Text Request
Enterprise wants to expands various degrees of scale in its developmental process, Mergers is one of the mainly means of enterprise development. Horizontal mergers may expand its scale rapidly, advance scale effect and enlarge their market shares, succeed in scale economy ; Vertical mergers may widen channels and reduce cost; Mix mergers may extend scope and depress venture.This paper make a logarithm model of Cobb-Douglas produce function by the relation of elasticity of capital and labor and scale effect of Cobb-Douglas produce function , and for the first time use this model to research demonstration of 30 kind of mainly industry of GuangDong, and elicit conclusion. The first conclusion: 16 kinds of industry conclude Electronic and Telecommunication Equipment is scale increase effect in GuangDong ; The second conclusion: 14 kinds of industry conclude For Special purposes Equipment Manufacturing is scale descending effect in GuangDong; The third conclusion: large business and small business is scale increase effect .middle business is scale descending effect in GuangDong.Business performance is influenced by capital labor and management and technology, This paper use varied industry elasticity of capital and labor to make a model of performance estimate. For the first time quantificationally research performance of mergers , and use this model to analyzes and research performance of cases of mergers in GuangDong.
Keywords/Search Tags:merger, positive research, scale effect
PDF Full Text Request
Related items