供给侧结构性改革背景下并购目标公司选择研究
首发时间:2018-10-09
摘要:在供给侧结构性改革背景下,并购作为公司成长的一条重要途径,越发受到公司管理者的重视。在成功并购的背后,必然会涉及并购目标公司选择这一问题。本文结合供给侧结构性改革背景,以2016-2017年能源、材料、工业制造行业并购目标公司及非目标公司在并购发生前一年披露的财务指标数据为研究样本,采用单因素方差分析的方法对并购目标公司的财务指标特征进行分析并建立Logistic回归分析模型以预测能源、材料及工业制造行业并购活动中的目标公司,结果表明,一家公司能否成为并购目标公司与公司的盈利能力及股本集中度成反比。
For information in English, please click here
Selections of M&A target companies under the background of supply-side structural reform
Abstract:Under the background of supply-side structural reform, the M&A, as one of the most effective ways for company development, has been put more and more emphasis on by mangers. For a successful M&A, managers have to think about which company should choose. Combined with the background of supply side structural reform, the article used data of the M&A happened at the area of Energy, materials and industrial manufacturing in 2016-2017 to analyze this question. In the practice of research, the paper used ANOVA and logistic regression to find the answer. The results show that whether a company is a target company is inversely proportional to the company\'s profitability and equity concentration.
Keywords: Learning of prediction and evaluation M&A performance Target Company Supply-side structural reform
基金:
引用
No.****
动态公开评议
共计0人参与
勘误表
供给侧结构性改革背景下并购目标公司选择研究
评论
全部评论0/1000