Analysis The Micro-economic Impact Of Cross-border Company M&A

It has been occurred five times mergers and acquisition originated from USA. In the recent M&A, the M&A has been the most important foreign direct investment all over the world and has substitute the green-land investment. This article analysis the micro-economic effects of cross-border M&A, and we describe the micro-economic effects of cross-border M&A from home and foreign in order to lessen the passive effects of cross-border M&A. the article's contracture arranged as following:First chapter: Introduction. We introduce the five times cross-border M&A all over the world and analysis the characters. Many researchers have taken some research on this topic, but all of them have their owner defects. I give my opinion on this topic on the basis the former's researches.Second chapter: The theory of cross-border M&A and comment. It has been 100 years all over the world on cross-border M&A, meanwhile the scholar from other countries gave their opinions on the M&A and then developed the honorable theory. In this article I introduce the following theory: theory of efficiency; theory of internalize; theory of agent; theory of value and theory of market power.Third chapter: analysis the micro-economic effects of cross-border M&A. we analysis the micro-economic effects of cross-border M&A including the positive effects and passive effects after we introduce the M&A theory seriously and systematically. The positive effects including: assets distribute effects; time difference effects; competitive effects and technology effects. And the passive effects are including monopoly awkward and cross-border M&A merger problem.Forth chapter: empirical analysis the cross border company merger the China's company. The objection we choose is China's company which has the IPO, and we build the whole factor system and factor model and we give some suggestions about cross-border company merger the China's company.Fifth chapter: analysis the China company merger and acquisition the foreign company. China is one of important parts in economic world. More and more Chinese company will enter the cross border wave, but before leap we should look around.