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An Analysis Between Scale Economics Effect And Performance Of Corporate Horizontal Mergers

Posted on:2006-03-25Degree:MasterType:Thesis
Country:ChinaCandidate:Y J WangFull Text:PDF
GTID:2166360155451701Subject:Technical Economics and Management
Abstract/Summary:PDF Full Text Request
In the marker economy, the essential rule is to survive the competent ones and eliminate the incompetent ones. In the evolution of modern economy, it is dawn on us that almost all the huge-scale enterprises normally developed by right of M&A, horizontal M&A especially.The paper research on angles of scale economics effect, business expansion and concentration of capital, wherewith account for enterprise evolutionary progression is namely enterprise size ever — expanding course, business expansion and concentration of capital is enterprise development and immanence demand for persisting of profit. horizontal M&A is effective form of realizing business expansion and concentration of capital. all sorts of economics school attempt used their own theory frame to analyses the agent of M&A, excluding horizontal M&A. However, these hypotheses most and least had no means of work out the comprehensive interpretation of horizontal M&A. The paper believe, we could dug for a suite of research frame to look after...
Keywords/Search Tags:horizontal M&A, effects of economic scale, China's listed company, factor analysis
PDF Full Text Request
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