Under The Government Predominance The Research Of The M&A And Performance Of Local Banking

The Merger and Acquisition of the banking lived in to bring beyond example scale in 90's last century, and the banking of western had experienced Merger and Acquisition. At the end of this year, the banking of our country will be opened to the foreign capital completely. And then, the foreign capital's entering will bring about a large-scale M&A of our local banking. But because of our local banking is mainly owned state, so the banking has been controlled by the government for a long time, with poor performance. The coming challenge bringed by foreign capital and the weakness local banking are both problems .We have to resolve as soon as possible. So to research the M&A of local banking and analyze the basic reason to the performance of bank's M&A has realistic meaning.This paper put forward the specialty of local banking M&A that it's directed by government, so the evaluation of bank's M&A for the developed country is not applicable to our country banking. There are two types about the M&A of banking, the one type: it's motives are profit-max, Europe and America are the typist countries; the other type, it's motives are dealing financial crisis, keeping the risk away, the emerging market economy (EME) country's as the representative predominant by government.This paper introduced a western and flourishing nation first, concerning the M&A of the motive theories, the results evaluation method and model. Then, contrast the M&A of our countries to the M&A appearing in western developed countries and the M&A appearing in EME countries. And then drawing the conclusion of the differences, revising existing results concept on this foundation, modifying the concept and the model. Putting forward the measure which is more applicable to the banking of our country, the result shows that government drives banks to M&A; receives the macro-performance, but loses the micro-performance.The government conducting of the M&A performed by state-owned banks is necessary, but overall is invalid. Therefore, along with the continuously push forward of the our country banking reform, the government wants to change a role gradually, end withdraw bank and buy a reorganization an activity to take charge of the identity management bank of and buy a reorganization an activity. End, draw lessons from the western and flourishing nation and the EME nation to buy successful experience of the...