预览加载中,请您耐心等待几秒...
1/3
2/3
3/3

在线预览结束,喜欢就下载吧,查找使用更方便

如果您无法下载资料,请参考说明:

1、部分资料下载需要金币,请确保您的账户上有足够的金币

2、已购买过的文档,再次下载不重复扣费

3、资料包下载后请先用软件解压,在使用对应软件打开

A企业跨行业并购绩效研究 Abstract Asmoreandmorecompaniesseektoexpandtheirbusinessesandcreatevaluefortheirshareholders,mergersandacquisitionsacrossindustrieshavebecomeincreasinglycommon.However,toachievethedesiredresults,thesetransactionsrequirecarefulplanningandexecution.Inthispaper,westudytheperformanceofcross-industrymergersandacquisitionsbyanalyzingthecaseofCompanyA.Weassessthereasonsforthemergerandevaluateitsimpactonthecompany'sfinancialperformance,marketposition,andstrategicobjectives.Weconcludethat,whilecross-industrymergerscancreatevalueandsynergiesforcompanies,awell-plannedandexecutedstrategyisessentialtoensurethesuccessofsuchtransactions. Introduction Mergersandacquisitions(M&A)refertothecombinationoftwoormorecompaniestoformalargerentity.M&Atransactionsaretypicallyaimedatcreatingvaluebyincreasingrevenue,reducingcosts,orenhancingmarketposition.Inrecenttimes,manycompanieshavebeenturningtocross-industrymergers,wherecompaniesfromdifferentindustriesmergetoachievetheirstrategicobjectives.Therationaleforsuchmergersistoleveragethestrengthsofeachcompanytocreateanewentitythatismorecompetitive,innovative,andresilient.Inthispaper,weinvestigatethecross-industrymergerofCompanyAandevaluateitsimpactonthecompany. ReasonsfortheMerger CompanyAisalargemultinationalcorporationthatoperatesintheconsumergoodsindustry.Thecompany'sprimaryproductsincludepersonalcare,householdcleaning,andbabycareproducts.CompanyA'sstrategyistoexpanditsproductportfolioandenternewmarketstosustainitsgrowth.Inpursuitofthisgoal,thecompanymadeastrategicdecisiontomergewithacompanythatoperatesinarelatedbutdifferentindustry.Themergerwasaimedatachievingthefollowingobjectives: 1.Diversifyproductportfolio:Byacquiringacompanywithacomplementaryproductportfolio,CompanyAaimedtoexpanditsofferingsandmitigatetheriskofrelyingonasingleproductcategory. 2.Enternewmarkets:ThemergerwouldenableCompanyAtoenternewmarketsandgeographieswherethetargetcompanyalreadyhasastrongpresence.Thiswouldhelpthecompanyexpanditscustomerbaseandsales. 3.Syner