Motive Analysis And Performance Empirical Study Of Commercial Bank Mergers And Acquisitions (M&A)

Since the 1990s, the bank M&A tides are more higher and higher , there are not any other samples in the history on the numbers , the amounts and the scales. As china's entry of WTO , until now, it is the essential situation of the Chinese commercial banks to be opened to the other countries, more and more foreign banks will come to China, that means Chinese commercial banks must be confronted the bank M&A which obey the world's owning laws. Because of the varieties bank M&A trials, foreign research about that is highly advanced, however , our theory research and conduct on this field is on the first step ,which needs improving more deeply and thoroughly. I hope it can conduct the coming bank's M&A .On the base of foreign theory research and real diagnosis analysis, this paper has deeply analyzed the realistic situations of Chinese bank industry and commercial bank M&A, further, it has made empirical study on the bank M&A cases and has supposed many advices on it to light our banking industry M&A.The history of bank M& A is almost as long as the history of commercial and is developing more and more popular that have the deeply history background and complicate realistic reasons .According to many western theories, this paper have chose the Industrial organization theory ,Transaction cost theory, Efficiency theory, Managerialism theory and Market power theory—five representative theories to be the theory foundation .Proceed from different angles , these theories have answered two basic questions that the bank's M&A -the motives and the performances on the generality and universality. They are also our study topic. Referring to the motives, this paper analyzed bank M&A motives from two aspects: the external condition and the intrinsic impetus factors, then summarize the two factors separately. But as for the performances of the bank's M&A, firstly , the paper have analyzed and generalized the empirical results of the foreign bank's M&A .Then it use DEA model to study the case of Industrial bank M&A FoShan commercial bank .In accordance of upper analysis , this paper has supposed several suggestions . According to the above research frame, this paper is consisted of one of introduction, five chapters of text, and one section of conclusion.Chapter one is the introduction. In the beginning of this chapter, the selected topic background is introduced; then I summarize the development of bank M&A theory and analyze the related bank motive theory, the empirical achievements and the Chinese...