Study On The Performance Of Shuanghui Cross-border M&A Based On EVA

M&A is a result of the in-depth development of market economy,as the strategic decision in process of enterprise development,it can help enterprise to realize the business diversification and internationalization,it is also an effective means to help enterprise development by leaps and bounds.As China continues to develop with increasingly higher economic scale,better overall national strength and China hao frequently participated in the international market and area.Chinese enterprises have greatly accelerated their pace of overseas expansion in the world and Chinese enterprises ’overseas M&A have increased year by year.The M&A trend has constantly aroused strong concern of professional from academic circle and business world.This paper is divided into five parts: The first part mainly explains the research background,the research significance,the research purpose,the domestic and foreign research present situation;The second part mainly elaborates the basic theory of transnational M&A performance,the purpose and characteristics of cross-border M&A,the performance of cross-border M&A and its influencing factors,and expounds the meaning,theoretical basis and method of EVA method to lay the theoretica l foundation for the later part;The third part mainly introduces the process of M&A of Smithfield,and analyzes the background,motivation and characteristics of Shuanghui transnational mergers and acquisitions;The fourth part mainly elaborates the EVA performance evaluation index of Shuanghui cross-border M&A,and analyzes the performance of Shuanghui transnational M&A before and after the merger,the economic effect after M&A,and the factors that affect the performance of M&A.The fifth part is mainly based on Shuanghui transnational The case study of M&A performance,and the revelation from the case,the paper puts forward some suggestions to improve the performance of multinational M&A.