摘要
2001年发生并购的42家公司,在2000～2003年公司业绩均呈现下降趋势,表明并购在除当年外,并未使公司业绩得到改善,公司外部治理机制的错位和并购动机的异化是产生这种现象的原因。就目前而言,规范并购行为,建立的外部治理机制是提高公司并购绩效的有效途径。
The declining performance in the years from 2000 to 2003 of the 42 companies that experienced merger in 2001 indicates a facture of the scheme in improving business performance except 2001. The errors of outside management and dissimilation of merger＇s motivation are the mostly reason. At present, regulating merger behavior and establishing outside management system are the validity way to improve listed companies＇ merge performance.
出处
《经济与管理》
2006年第5期46-48,共3页
Economy and Management
关键词
并购绩效
外部治理
因子分析
merger performance
outside management
factor analysis
