Listed Companies In China M & A Analysis And Performance Evaluation

The mergers and acquisitions(M&A) of an enterprise is an economic action to obtain partial or complete control over other enterprises. By doing so, it can enhance the enterprise's strength and accomplishes its long-term goals.From the stock market the enterprises can finance and exchange their shares conveniently, so listed company take an important role in the action of M&A.M&A is a systematic engineering. Because of absence of relevant knowledge and effective action in M&A, many actors of M&A don't keep alert to avoid the traps, they don't select proper mode and they don't understand the criterion of the success of M&A. All of these lead to the distortion of M&A. Due to the failure of M&A, some enterprises become weak.This dissertation, based on the actual conditions of our nation and combining the method of quality and quantity, discusses these subjects about listed company M&A as below: factors lead to the success or failure of listed company M&A; the basic modes of listed company M&A; establishment of a system evaluating the effect of listed company M&A.By analyzing the factors lead to the success or failure of M&A, this dissertation helps the actors of M&A not only to benefit from experiences of success but also to avoid the traps hidden in the action of M&A.About the basic modes of listed company M&A, this dissertation elaborates its concept, case, advantages and disadvantages, applicability.About the establishment of the system evaluating the effect of listed company M&A, this dissertation uses the method of systems engineering named AHP and selects qualitative index & quantitative index so as to evaluate the pivotal ability of the enterprise after M&A entirely.