The Empirical Research On Chinese Commercial Banks Overseas M&A Performance And Its Influencing Factors

With the rapid development of economic integration and financial globalization, Necessary of financial mixed operation and international operations, the fifth bank mergers and acquisitions sweeping the globe. Foreseeable future, the growing strength of domestic banks will accelerate the pace of overseas mergers and acquisitions, moving forward to the direction of the large international cross-border bank. Overseas mergers and acquisitions has gradually become the main way for Chinese commercial banks to cope with the challenges of the same industry, to international operations, to improve their own efficiency. However, China’s banking industry overseas mergers and acquisitions really be able to do so to enhance performance and competitiveness of the bank? Whether the banks are suitable for overseas mergers and acquisitions, and should be in their M&A after the performance impact factors, how do we use or avoiding? This article choose Chinese banks overseas mergers and acquisitions can improve the relationship between its performance and its influencing factors as research priorities, which guide our commercial banks overseas expansion has important theoretical and practical significance.Overseas M&A activity in banks in the2004-2009study, determined by factor analysis of the performance values of the cross-border mergers and acquisitions of commercial banks in China before and after a comparative analysis of performance before and after the value that our country commercial banks overseas M&A activity and improve business performance, but have decreased to some extent. Secondly, to the logit model on the banks’ overseas mergers and acquisitions, mergers and acquisitions relative size, the proportion of its outstanding shares, the stake in the event of a post-merger, the acquisition of the stake for the largest shareholder of the side and dependence on foreign trade and six influencing factors do the performance of the empirical analysis, the proportion of overseas M&A type of Chinese banks and of its outstanding shares in banks overseas mergers and acquisitions there was no significant influence of the stake after the acquisition, relative size of the transaction, the acquirer’s largest share holding ratio and dependence on foreign trade performance in banks overseas mergers and acquisitions have a significant impact. Finally, to improve China’s banking industry overseas M&A performance recommendations to be considered mainly to strengthen the control of the acquired bank’s ownership structure optimization, reasonable arrangements for the scale of the mergers and acquisitions, and select the appropriate M&A opportunity.The main innovation of this paper is:Firstly, the use of factor analysis to measure the changes in the value of the overall performance of commercial banks before and after mergers and acquisitions to study a representative of M&A activity in the2004-2009sample bank performance values with universal; Secondly, the paper focus on analyzing the empirical relationship between the Bank of overseas M&A performance and its influencing factors, a reasonable strategic choice has important theoretical and practical guiding significance for the future of China’s banking industry overseas mergers and acquisitions.