航空行业横向并购案例的绩效-研究——基于东方航空并购上海航空的财务分析

《航空行业横向并购案例的绩效-研究——基于东方航空并购上海航空的财务分析》由会员上传分享，免费在线阅读，更多相关内容在应用文档-天天文库。

1、studiedwiththecaseofmergerandacquisitionofShanghaiAirlinesbyChinaEasternAirlinesTheresultsobtainedfromfinancialanalysisshowthatthemergingofChinaEasternAirlinesandShanghaiAirlinesissuccessful,nomatterseeingfromtheanalysisresultsofshort-termperformancesorlong-termperformances,thewholepro

2、fitability,operationability,developmentabilityandabilityofcreatingcashflowareallimprovedobviously,thestructureofassetsandliabilitiesisimproved,thesynergisticeffectofindustrialintegrationisgivenplaytoandthecompetitiveadvantageisstrengthened.Theshortcomingisthattheutilizationefficiencyof

3、ChinaEasternAirlinesonobtainedgoodresourcesandrapidincreasingnetassetaftermergerandacquisitionislow,anditsmanagementlevelofintegratingresourcesandimprovingefficiencystillneedstobeimproved.KEYWORDS:HorizontalMergerandAcquisition,MergerandAcquisitionPerformances;EventStudyMethod;Financia

4、lIndexAnalysisMethod,SynergisticEffect万方数据上海交通大学MPAcc论文目录目录前言.............................................................................................................................................................1第一章并购相关理论概述........................................................

5、...............................................................21.1兼并与收购的概念..............................................................................................................................21.1.1公司兼并...........................................................................

6、................................................................21.1.2公司收购...........................................................................................................................................21.2国外关于兼并与收购的研究理论.......................................................

7、...............................................31.2.1效率理论...........................................................................................................................................31.2.2基于委托——代理角度的兼并和收购理论................................................................