Study On The Profit Forecast Compensation System Of Listing Corporation Mergers And Reorganization

In recent years, more and more listing Corporation mergers and Reorganization, the underlying asset pricing problem has been the focus of attention of the market. In order to inhibit the unreasonable pricing, protect the interests of small investors, promote the healthy development of M&A market, we use the profit forecast compensation system in the listing Corporation merger and reorganization.Profit forecast compensation system plays a big role in the promotion of the backdoor listing, the same control of large shareholder capital injection and other related transactions. However, in recent years, with the non related party transactions become the main form of the merger and Reorganization market, the profit forecast compensation system is faced with more problems in the process of using and executing. At the same time, this system reflects the deeper pricing methods, which is mainly reflected in the form of assessment methods, pricing methods and pricing methods are not consistent with the practical operational level. Under the background of the trend of the merger and reorganization of the listing Corporation, and the trend of the market, the use of the pricing method of the merger and Reorganization is worth further research.In this paper, the author use statistical analysis to analyze the status quo of profit forecast compensation system during the period of 2012-2015.6 in Shenzhen Stock Exchange. In addition, this paper uses the normal distribution analysis method and regression analysis method to analyze the real operation level of the listing corporation mergers and reorganization, which is based on the case data of Shenzhen stock exchange in 2012-2015.6. Finally, this paper discusses the use of the market method in China’s mergers and Reorganization, and puts forward some suggestions on the basis of the need to improve the infrastructure. It is hoped that this thesis can provide useful information for the future research on the use and development of the market pricing method for the Reorganization and restructuring of the listing Corporation.