After The Corporate Merger Financial Integration

Merger among enterprises is a kind of result of a Free Economy(also called Market Economy).The more advanced the economy is, the higher probability that merger occurs. In our Country, there also has been over 20 years merger history in China. However, it has been proven that the high failure rate after merger resulted from corporate integration, especially financial integration, is a desiderated topic in academics. Many cases whatever failing or success have proved that financial integration is the key point for if the merger would be succeed or failed. Under this circumstance, based on pervious research and study, this article is intended to further discuss the financial integration after merger.This thesis contains four parts: Part 1, the introduction, which tells the motive of choosing this topic, and then gives us the concept of merger. Part 2, the basic theory of financial integration after merge. Based on the discussion of merger and integration theories, it discusses the theoretical base of financial integration after merger. Part 3, the case analysis about the financial integration. This part describe the case that GuoMei Co.Ltd merger YongLe Co.Ltd, analysis the financial integration what GuoMei has been acted since the merger has been succeed. Part 4, introspection on financial integration in our country.What is new about this dissertation is that it studies the one type of financial integration after the merger of corporation. Because of different M&A has its own characteristic, each type must has its own financial integration. This thesis only intended to further discuss the financial integration after merger.Normative research method is mainly used in this article, case explanation and mathematical formula inferential reasoning is used if necessary. My initiative viewpoint contains: 1.Based on the theory of financial integration after merger, the process of financial integration should be a lasting progress. 2. We have to make sure the financial management during the merger in order to determine the goal and model of financial integration. 3. The key of a successful enterprise merger includes the through evaluation for the business before the merger, financial control after the merger and the fast integration.