Study On The Strategies Of Chinese Investment Bankers Involving In M & A Transactions

In recent years, with the expanding of the size and scope of M & A activities of Chinese enterprises,M & A become a hot spot, which is an economic growth mechanism for breaking rigid stock, enhancing structure adjustment and improving resource utility. The investment bankers, as financial intermediaries, are indispensable lubricants and boosters during the course of the operation of the mechanism. On the other hand, due to the small business scope and narrow form and profit margins,Chinese investment bankers are required to adjust the business structure,and compete against competition overseas counterparts, so as to better serve enterprises of M & A.In this paper, case methods, literature search methods, comparative analysis methods are used. The focus is put on the advantages and shortcomings of the M & A transactions by Chinese investment bankers, and on the analysis of the necessity and possibility of Chinese investment bankers to do M & A transactions, specific solutions and measures are put forward to compensate for the shortcomings, and emphasis is paid to improve the ability of investment bankers.First, investment banks should make accurate repositioning of M & A from a strategic view, reasonably build up the organizational structure, conduct inter-industry alliance and achieve economic scale. Second, investment bankers should strengthen training professional personnel, establish the brand, and form feature of M & A. Also, investment banks should strengthen financial innovation, and expand the funding sources, continue to develop customers. In addition, the most important is to improve the processes and service quality for M & A. It is an important way to change the single profit source and expand profit development room. To ensure the reliability of the conclusion,and further consider the difference of our investment bankers with international advanced investment bankers in the external governance environment, in the degree of support of the state for M & A laws and regulations, in the development trend of M & A, it is pointed out that investment bankers'involving in M & A transactions is the result of multi-party interaction, which needs the cooperation of national policy, recognition of M & A enterprises, so that can ensure Chinese investment bankers act fully and positively in M & A of enterprises, and boost the enhancement of Chinese economic mechanism and adjustment of industrial structure. What's new in this paper is to see M & A transactions from the view of investment banker as financial intermediary, put forward the strategies and methods to carry out M & A transactions in actual operation, meanwhile instruct with micro and individual cases.