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企业并购绩效研究——以A公司为例

A Study on the Performance of Mergers and Acquisitions: Take Company A as an Example

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【作者】 王妍付洪垒

【Author】 WANG Yan;FU Hong-lei;Heilongjiang Bayi Agricultural Reclamation University;

【机构】 黑龙江八一农垦大学

【摘要】 企业并购作为企业快速向横向与纵向发展的手段,并购后的财务绩效在一定程度上是检验并购成功与否的手段。本文以A公司并购为例,选取其2017-2021年数据,通过财务指标分析方法对A公司并购后的情况进行分析,得出以下结论:从标的公司业绩承诺完成情况来看,此次并购是有着正向的影响,但从A公司2017-2021年度各财务指标来看,出现了财务绩效不理想的情况,对此提出了要注重并购后的整合工作、增加创新研发以及合理预估市场需求等建议,以期帮助企业得到更好的发展。

【Abstract】 As a means of rapid horizontal and vertical development of enterprises, the financial performance after M&A is a means to test the success of M&A. Taking the M&A of Company A as an example, this paper selects its data from 2017 to 2021 and analyzes the situation after the M&A of Company A through the method of financial indicator analysis, and draws the following conclusions: From the completion of the performance commitment of the target company, this M&A has a positive impact, but from the perspective of the financial indicators of Company A in 2017 to 2021, there has been a situation of unsatisfactory financial performance, which puts forward that we should pay attention to the integration work after the M&A Suggestions such as increasing innovative research and development and reasonably estimating market demand are expected to help enterprises get better development.

【关键词】 并购财务绩效上市公司
【Key words】 M&Afinancial performancelisted company
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