The Research On Performance And Conformity Of M&A For Southern Material Co.LTD

The globe mergers phenomena from the 20th century are the direct products of globe economy and the restructure of world industry. The fast development of merges has become the important power for the economy globalization. The Chinese corporation mergers and property right transfer appeared in 1984, it is about 20 years ago. From the history of this process, we can find that Chinese corporation experienced an original moment, two climaxes and one downturn period. The second climax of corporation mergers begins from 1992 and continues. In this period, China defined its direction of socialistic market economy. Property right transfer became a weightily part of the corporation reform. Security market developed quickly, and mergers increased significantly. The size and the formation of these corporation mergers have a new approach and development. In a word, corporation mergers made a great contribution in the reallocation of deposit resource and the conversion and upgrade of industry structure.Although Chinese capital market is net normative enough at present and it prevents the development of Chinese corporation mergers market, the corporation mergers in China has become a hot spot in the academic research area and we got lots of achievements. However, if we compared to some western developed countries, there are still plenty of academic and practical issues for us to explore.This article discusses the history of domestic and international merging theory and combines with the research of some phenomena that existed in the Southern building materials merged the government behaviors and investment Bank in the course and then analyzes the influence which merged the performance. Through comparing with the financial ratio and key promotions of the competitiveness, and do lots of research from the management restructure of resource, strategy, and human resources to the Southern Building Materials, we make a prepositional suggestion in all of this area. The researching and analyzing the merge case of southern building materials makes me have relatively deep understanding of merge strategy of the domestic listed companies and helps me a lot in my professional career. At the same time we also make some valuable suggestion to the participant in the merge case of Southern Building Materials.