Study Of Across The M&A Performance Of Listed Companies

Today,more and more enterprises chose to go abroad and get into overseas markets.There are variety of ways when comes down to overseas investment including overseas mergers and acquisitions.Overseas mergers and acquisitions has more and more shows advantages,which can make the enterprise quickly get into the foreign market,expand their market share and obtain more abundant resources,and improve their influence at the same time,get advanced science and technology from the target enterprise.But at the same time,new problems appear in the process of mergers and acquisitions more frequently.Under this kind of economic background in recent years,transnational m&a theory is developing very quickly,and has become one of the most active field of economic theory.Whether if the enterprise performance is improved,and how to evaluate the performance of the transnational merger and acquisition become the focus of theory and practice argue.Finding out what factors led to the performance of m&a,and further inspecting and analysing of these factors,connecting the results to the cross-border m&a performance,so that we can better explain the m&a performance related issues,providing effective transnational mergers and acquisitions suggestions for the government in corporate decision-making.First part is the introduction of this article,including the background,the significance of the research in theory and practice,literature review,research thinking and frame,the innovation and inadequate of the research.The second part introduces the related theories of cross-border m&a,mainly including the connotation of cross-border m&a performance,introducing a few kinds of cross-border m&a performance study method and comparing their advantages and disadvantages,and method about enterprise cross-border m&a research in this paper.the third part is about the status analysis of transnational mergers and acquisitions of listed companies in our country,mainly includeing the development and present situation of transnational mergers and acquisitions with foreign enterprises in China,the motivation,characteristics and development problemsabout enterprise transnational m&a of our country,etc.The fourth part is the empirical analysis part,selected cases of the transnational mergers and acquisitions as the research sample,establishing anindex system of performance evaluation of financial to analyze the overall performance and categories about the transnational merger and acquisition sample for performance analysis,draw the corresponding conclusions.The last part focuses on analyzing the research conclusions above,and proposing the countermeasures and suggestions on the basis of the conclusion for company and government.