The Study Of The Problem Concerning The Chinese Corporation Conglomerate Merger

The Chinese Corporation Conglomerate Merger is an important problem that has a concern in corporation development, even the whole national economic development. This thesis analyzed the problem of the Chinese Corporation Conglomerate Merger on the grounds of the theory concerning Conglomerate Merger and foreign related circumstance.The thesis is divided into 4 chapters.Chapter 1 generalized Corporation Conglomerate Merger. In the first place, the chapter defined and classified corporation; In the second place, the chapter discussed its academic foundation from manage-cooperation effect theory, scope economy theory, finance cooperation effect theory, verification management theory, value underestimation theory, transactional cost theory, manager expanding theory and company competition strategy theory; In the end, the chapter showed the function the Corporation Conglomerate Merger.Chapter 2 reviewed in detail the development history of foreign corporation Conglomerate Merger and analyzed their characteristics so that we had several enlightens.Chapter 3 and chapter 4 are analytic points in this text. Chapter 3 reviewed firstly the development history of the Chinese Corporation Conglomerate Merger. Secondly, chapter 3 sum up many characteristics that the Chinese Corporation Conglomerate Merger had. Finally, the chapter discussed their function. Chapter 4 studied the question during developing he Chinese Corporation Conglomerate Merger, then, this thesis put forward strategy which benefited the development of the Chinese Corporation Conglomerate Merger.The basic conclusions are as follows:Firstly, the Corporation Conglomerate Merger is good for optimizing industrial structure and adjusting deposition of industrial structure, it is also good for optimizing corporation combination and cultivating company's new growth pole.Secondly, the Corporation Conglomerate Merger is direction for company's development. But at present, the main body of merger is still vertical and horizontal mergers.Thirdly, at present, the corporation should consider following issues rationally before conglomerate merger: comparing its advantages and disadvantages to see whether it is necessary to merger. In one word, clearing your motivation, and then set down the industries you want to enter, at last, select and analyze the industries you have chosen.The above conclusions are helpful for the Chinese corporation selecting suitable merger ways; also it provides a new prospect for industrial economics study.