Research On The Influence And Countermeasures In Competitiveness Of Resource Enterprises Based On Cross-border Mergers & Acquisitions

In the era of global economic integration, cross-border mergers and acquisitions (M&As) have become an important way for enterprises to grow. Enterprises by means of cross-border M&A can allocate global resources,can access to advanced technology from overseas companies, and can help companies explore the international market so as to enhance the competitiveness. Especially resource enterprises through cross-border M&A can not only access to overseas resources in order to change the situation of shortage of domestic resources, but also can promote their professional competence and comprehensive ability. So a lot of resource-based enterprises begin actively participate in overseas resource development activities.Although China's resource enterprises continue to expand, they often encounter various obstacles and difficulties in the process of M & A. But that doesn't reduce resource enterprises' enthusiasm and cross-border M&A expands unceasingly .Based on the above this dissertation mainly study cross-border M&A'positive effects in theory and empirical evidence and explains the reasons why M&As of resourc enterprises are in the growing.This dissertation first in theory analyzes good impact on the competitiveness in M&A. Then take Sinopec for the case to issue M&A's affect on the competitiveness. Sinopec's competitiveness is enhanced, but it doesn't achieve ideal effect as theoretical analysis. Finally based on the above find out the problems and make recommendations on measures. This dissertation can have implications for cross-border M&A and to some extent also show the rationality and feasibility of our resource-based enterprises .So it has more far-reaching practical significance and research value.