Performance Study Of Chinese Private Enterprises Transnational Mergers And Acquisitions

With the acceleration of economic globalization,our country actively advocate for "area",an important way of promoting the transformation and upgrading.In recent years the number of private enterprises in overseas mergers and acquisitions in China and trade scale also significantly increased,become the main force of overseas mergers and acquisitions.However,some enterprises not only failed to achieve expected goal,also make originally well-run companies in trouble.In the face of benefits and risks of transnational mergers and acquisitions,has become the focus of enterprise,worthy of our in-depth study and discussion.This article choose activity of private enterprises as the research object.Through the balanced scorecard to evaluate the long-term performance of transnational merger and acquisition of enterprises.First of all,build the financial,customers and markets,internal processes and learning and growth four aspects,to comprehensively measure enterprise long-term performance.From a financial perspective,as mergers and acquisitions,both win electronic operating income and net income have a significant increase in recent years,but no significant increase from the return on equity and merger and acquisition of the company's profitability.From the customer level,sheng electronic through cross-border mergers and acquisitions increased the sales channel,enhance the market share.From the internal process perspective,the cost and the ratio of operating income change is not big,this reflects both wins the good level of cost management.From learning and growth perspective,all-electronic increased r&d,the instructions are electronic pay more and more attention to the enterprise innovation ability.Overall,Joyson electronic have expanded the company's original sales market of transnational m&a,won the new profit growth point,good long-term performance.Joyson electronic passed many patents have been mergers and acquisitions of transnational m&a companies with advanced management concept,into the emerging fields such as automotive electronics,intelligence and security,perfect the industry chain of the company,with the global supply capacity,won numerous high-quality customer resources and considerable income,shortterm performance and long-term performance are good,worthy of reference and draw lessons from other private enterprises in our country.