Analysis On The Performance Of Cross-border M & A Of BOE

In recent years, with the rapid development of economy, more and more Chinese enterprises have conducted cross-border Merger and Acquisition. However, the corporate performance and improvement after these mergers and acquisitions are still under research. This paper therefore chooses BOE as a study case, analyzes the series of its cross-border M&As, aims to dedicate to the relevant research.This paper firstly introduces the background and general industry profile of BOE, and then discusses the motivation and process of its cross-border M&As. The performance of overseas Merger and Acquisition is the main content. The thesis focuses on the value of overseas M&As and employs two different quantitative methods——Event-study Methodology and Accounting-performance Methodology, to analyze the cooperate performance. Results show that BOE acquired core technology by Merges and Acquisitions abroad, thus raised the status in the industry, and in a way became more competitive. And Event-study Methodology comes to the conclusion that in the short term series of significant BOE cross-border M&As did improve the value of the company. However by contrast Accounting-performance Methodology shows overseas M&As have negative influence on performance in the long run. The paper hopes that the dissertation can benefit the enterprises which ambitious to go cross-border M&A.