Indices System Of Evaluating Intellectual Capital After Merges And Acquisitions

M&A is a very effective approach for a company to develop and create value. However, there are huge risk and challenges in management before the M&A, during the M&A and after the M&A. Intellectual capital has become the key motivation of the Merge. In order to strengthen the competition power of the company, it is worthy to research how to evaluate the value of company's intellectual capital.This paper analyzes the key factors which effects the intellectual capital synergy, and indices system of evaluating intellectual capital in M&A is established. At last it discusses that how to apply the indices system in practice and proves that the indices system is reasonable through the demonstration.First, intellectual capital is the real source of the new value and is the key motivation of the Merge. Three kind of intellectual capital synergy is effected by several factors.Second, the indices system of evaluating intellectual capital in M&A is established.Third, human capital and structure capital play an important role in the intellectual capital value after M&A. The most important forth rank index is the difference between two company culture. Among the relationship capital, the crucial index is the product comparability between the two companies.Three respect of innovation are following:First, the point of the view. This paper introduces intellectual capital into M&A field and research how to evaluate intellectual capital value after M&A.Second, on the base of evaluating the intellectual capital in an persisting company the indices system, the indices system of evahiating intellectual capital in M&A is establishedThird, demonstration innovation. The demonstration analysis on intellectual capital evaluation after M&A is made, and find the trend of intellectual capital after M&A.