Research On The Impact Of Industrial M&A Funds On Value Creation Of Listed Companies

As a new way to obtain capital,industrial M&A funds have the unique role of solving the problems of enterprise financing and industrial integration after mergers and acquisitions.Therefore,with the development of China’s mergers and acquisitions,more and more "listed companies + PE" combination appeared in the capital market,and industrial M&A funds entered a period of "prosperous development." However,industrial M&A funds started late in China,and there are many problems in actual development.Under such circumstances,can industrial M&A funds use their own advantages to better strategically adjust enterprises and implement industrial integration after mergers and acquisitions activities,and have a positive impact on the value creation industry of listed companies? This paper takes the industrial M&A fund as an entry point to influence the value creation of listed companies.Combined with the actual case of the establishment of industrial M&A funds by the company,it mainly uses qualitative analysis and quantitative analysis methods to explore the industrial integration and business performance of the industry M&A funds.The impact of this,and thus the impact on the value creation of listed companies.The main research ideas are as follows:Part One: introduction.Explain the significance of the research and the research objectives to be achieved,and then sort out the research literatures in related fields at home and abroad.On this basis,the research methods and technical routes of this topic are proposed.Part Two:Theoretical overview.This part is mainly the definition and description of relevant concepts,including the basic concepts of industrial M&A funds,the organizational form and operation mode of industrial M&A funds,the definition of the impact of industrial M&A funds on the value creation of listed companies,and the relevant theoretical basis.Part Three:Introduced the case of the establishment of an industrial M&A fund by the company.Introduce the basic overview of listed companies,fund management companies,and the establishment of industrial M&A funds by the company.Part Four: An analysis of the impact of industrial M&A funds on the value of the company.Firstly,it analyzes the path of industrial M&A funds to create value for the company,namely target company selection,cross-industry mergers and acquisitions and industrial integration.Secondly,the evaluation of the impact of industrial M&Afunds on the value creation of listed companies: First,qualitative analysis,that is,the specific impacts arising from capital market,cost control,cross-industry mergers and acquisitions,economic scale and employee layout;second,quantitative analysis,ie Through the event research method,financial indicator method and EVA indicator method,the impact of industrial M&A funds on the value creation of listed companies is analyzed.Finally,it is concluded that the establishment of industrial M&A funds by listed companies has indeed had a positive impact on the value creation of listed companies.Part Five: Suggestions and inspirations.First of all,the company needs to give full play to and extend the role of M&A funds,carry out risk control of industrial M&A funds,and improve the quality of information disclosure of M&A funds.Second,relevant government departments need to enact laws and improve the market system of M&A funds.Other enterprises should carefully select target enterprises and attach importance to industrial integration after mergers and acquisitions.