Research On The Performance Evaluation Of Overseas Mergers And Acquisitions Of Chinese-funded Commercial Banks And Its Influencing Factors

Along with our country capital market was established in the 1990 s,in order to adapt to the development trend of economic globalization,the development of the higher goal,our country commercial bank joined the global wave of banking internationalization,as an important means of rapid international expansion and development,overseas m&a has become the main way to implement the strategy of internationalization of Chinese commercial Banks.In 2001 China’s accession to the WTO,domestic commercial Banks share-holding system reform in 2003,our country commercial bank’s overseas mergers and acquisitions become more frequent,and increased in size and number one step,after the 2008 financial crisis,overseas mergers and acquisitions of China’s banking industry presents a white-hot,many domestic commercial Banks active in overseas mergers and acquisitions.In recent years,China’s commercial Banks gradually decline in the number of overseas mergers and acquisitions but as the gradual completion of the transformation of globalization and the Chinese government actively deepening of market-oriented interest rate reform,further improve domestic banking marketization level,after a certain transformation and integration,a new wave of banking mergers and acquisitions wave may will come at once.In our country commercial bank in the process of overseas m&a,the most notable is the overseas m&a can bring bank m&a performance of ascension or can make much improvement,mergers and acquisitions performance greatly determines the success of mergers and acquisitions.It is of great significance to influence the overseas m&a performance of commercial Banks and how to improve the performance of overseas m&a of commercial Banks.This paper selected the industrial and commercial bank of China and China merchants bank overseas m&a cases was analyzed,and the first through the event study method and financial index method to explore the two Banks’ overseas mergers and acquisitions of both short-term and long-term performance,found overseas m&a can effectively promote mergers and acquisitions both sides bank performance;Then through the horizontal comparison to find out the internal factors which affect the m&a performance and external factors;Finally,on the basis of the foregoing case analysis,it concludes that icbc and China merchants bank have successfully conducted overseas m&a.At the same time,as a typical representative of the state-owned commercial Banks and joint-stock commercial Banks,through the study of icbc and bank of overseas mergers and acquisitions,can come on to a certain degree of Chinese state-owned commercial Banks and joint-stock commercial Banks in overseas mergers and acquisitions of differences,can the comprehensive development of China’s banking industry for the future put forward constructive Suggestions.