The Motiwation And Performance Analysis Of The Continuous M&A Of Listed Companies In The Environmental Protection Industry

In recent years,due to the continuous improvement of China's comprehensive national strength,the capital market has also been driven,and the degree of development has been further deepened.Only rely on their own energy development already cannot satisfy the demand for the development of China's enterprises,m&a has become China's important means of enterprises rely on the external conditions to help their own development,as a result,Chinese enterprises in the capital market continuously groped for mergers and acquisitions by exploring to promote China's m&a market is increasingly hot,constantly increasing amount of enterprise m&a and m&a.In this context,merger and acquisition activities of various companies in the Chinese market are emerging in an endless stream.However,after careful classification and observation,we notice that the frequency of merger and acquisition activities of a large number of enterprises has accelerated.This "accelerated" m&a phenomenon,known as continuous m&a,is a new phenomenon of m&a in the Chinese market environment,and has attracted the attention of many domestic and foreign researchers.If we pay attention to merger and acquisition activities from the dimension of industry division,the environmental protection industry is definitely a remarkable team worthy of attention.According to the statistics of relevant environmental protection industry data from wind database,since 2015,the completion of a single complete merger and acquisition transaction in China's environmental protection industry took a short time and was fast,and the transaction amount and the number of cross-industry enterprises involved also kept rising.This "grand situation" was particularly serious in 2016.The m&a activities of listed companies in China's environmental protection industry have the following two obvious characteristics: first,the attitude of carrying out high-quality development proposed at the 19 th national congress of China has promoted a series of strategic changes in China's traditional environmental protection industry;On the other hand,more and more environmental protection enterprises in China tend to choose the way of merger and acquisition in the cross-industry mode.Dixon co.LTD as the research of this paper will take the environmental protection industry for mergers and acquisitions related issues on behalf of the enterprise,its research content mainly includes Dixon co.LTD of continuous m&a activities,according to the characteristics of the Dixon co.LTD equity merger and acquisition activity,build a certain effective evaluation methods,so as to make effect analysis on the merger and acquisition activity of Dixon co.LTD.In this paper,first of all,through literature review familiar with the relevant content of continuous mergers and acquisitions,including the concept of continuous mergers and acquisitions,motivation,effect analysis methods.Moreover,understand Dixon co.LTD the industry status of the environmental protection industry,and the basic situation of Dixon co.LTD,again to Dixon co.LTD paper summarizes a series of mergers and classification,and then with the environmental protection industry other enterprise m&a motivation of successive contrast,thus analysis Dixon co.LTD agent to carry out the activities.Based on continuous merger and acquisition activity involving the phased development the important features of time,based on the reference on general evaluation of m&a in our country,after comprehensive consideration,matching the continuous m&a market performance evaluation and the synergistic effect evaluation for enterprises from the Angle of two consecutive m&a evaluation,in the hope can more accurately conveniently study Dixon co.LTD the merger and acquisition of related problems,provide a supplement for the study of the types and using for reference.