上市公司并购绩效实证分析毕业论文(编辑修改稿)

上市公司并购绩效实证分析毕业论文(编辑修改稿)内容摘要：

........................................................................................................ 20 VI 4． 1 总体样本综合绩效的实证分析 .............................................................................. 20 4． 1． 1 总体样本的综合绩效的实证分析过程 ..................................................... 20 4． 1． 2 总体样本的综合绩效的实证结论分析 ..................................................... 26 4． 2 不同财务视角下的绩效分析 .................................................................................. 29 4． 3 绩效结论分析的总结 .............................................................................................. 30 4． 4 非并购类样本公司的绩效分析 .............................................................................. 31 4． 4． 1 非并购类公司的综合得分函数公式 ......................................................... 31 4. 4． 2 非并购类公司的综合得分函数和正值比率 ............................................... 31 4. 4. 3 并购类公司和非并购类公司的对比配对检验 ............................................. 32 5 上市公司并购绩效下滑的原因与对策 ............................................................................... 34 5． 1 上市公司并购绩效下滑的原因分析 ...................................................................... 34 5． 1． 1 并购融资交易方式单一 ............................................................................. 34 5． 1． 2 并购动机不够明确，缺乏长远规划 ......................................................... 34 5． 1． 3 并购经验不足，整合能力薄弱 ................................................................. 34 5． 1． 4 政府的越位与缺位 ..................................................................................... 35 5． 1． 5 并购专业人才、机构和法律的缺失 ......................................................... 35 5． 2 上市公司改善并购绩效的对策 .............................................................................. 36 5． 2． 1 探索并购融资新模式，降低风险和成本 ................................................. 36 5． 2． 2 并购应是企业的长远战略目标之一 ......................................................... 36 5． 2． 3 吸取经验教训，提高整合能力和水平 ..................................................... 36 5． 2． 4 发挥政府对并购的引导支持作用 ............................................................. 37 5． 2． 5 强化并购人才、中介组织、法律、法规等配套服务的建设力度 ......... 37 总 结 ........................................................................................................................................ 38 参考文献 .................................................................................................................................. 39 读研期间学术成果 .................................................................................................................. 42 致 谢 ........................................................................................................................................ 43 附 录 ........................................................................................................................................ 44 附录 1 并购类样本公司统计表 ....................................................................................... 44 附录 2 非并购类样本公司统计表 ................................................................................... 45 附录 3 各年度并购方公司绩效综合得分表 ................................................................... 46 附录 4 不同财务视角下的各年度综合得分函数公式 ................................................... 47 附录 5 非并购类样本公司各年度综合得分统计表 ...................................................... 48 VII Table of Contents 1 Preface .................................................................................................................................... 1 1． 1 Research Background and Significance ..................................................................... 1 1． 1． 1 Research Background .................................................................................... 1 1． 1． 2 Research Significance ................................................................................... 1 1． 2 Literature Review from Home and Abroad ................................................................ 2 1． 2． 1 Overseas Review ......................................................................................... 2 1． 2． 2 Domestic Review ........................................................................................ 3 1． 2． 3 Problems Presenting ...................................................................................... 5 1． 3 Research Thought and Arrangement of Main Content ............................................... 5 1． 3. 1Research Thought ............................................................................................. 6 1． 3． 2Arrangement of Main Content ....................................................................... 6 1． 4 Innovation and Shorting Points of the Article ..................................................... 7 1． 4． 1 Innovation Points of the Article..................................................................... 7 1． 4． 2 Shorting Points of the Article ................................................................. 7 2 Theory of Company Performance on Mamp。 A ....................................................................... 9 2． 1 Concepts Definition of Mamp。 A, Classification and Mamp。 A Motivation Theory ............ 9 2． 1． 1 Relevant Concepts of Mamp。 A and Classification ............................................ 9 2． 1． 2 Mamp。 A Motivation Theory ............................................................................ 10 2． 2 Company Performance Theory................................................................................. 11 2． 2． 1 Meaning of Companies Performance and Classification ............................ 11 2． 2． 2 The Level of Performance Mamp。 A ................................................................ 12 3 Research Methods, Performance Evaluation Model and Research Design ................... 13 3． 1 Study Methods .......................................................................................................... 13 3． 1． 1 Study Meth。