Research On The Motivation And Performance Of M&a Of JiangXi ChangYun CO.LTD

As the road transportation industy in our country has experienced several decades of development,it has made splendid performance and become very important in the national economy,the scale of the industry also has increased.But at the same time,it indicates many problems that existed in this industry,especially when china joined into WTO,foreign capital enter into the transportion industry and join into the competion,the problem is seemed more severely.TO summerize,the main characters of our road transportation industry appear to small,disseminated and disorderly,and this condition still hasn't been changed until now and has influenced its development severely,making it hard to face the strikes and challenges that brought out by WTO.As the market of road transportation industry has been opened, stateowned and collective enterprises have dwindled,and have formed too many market patterns with the individual operators.At present,there is none of road transportation enterprises that can influence others,because of the administrive segmentation,most of the firms only operate in their own popedom,even if in the same popedom,there aways exist several firms that provide extremely similar service.The boundary of these products is so blured that has led to unfavorable competion.Thus ,it's very important to discuss about quickening the mergers and acquisitions and making a great stride in development of the road transportation industry. M&a(merger and acquisition) is the quickest way to enlarge firms's scale ,take advantage of scale-economy and consummate companies manages.But m&a in the road transportation has its specialities that distinct with other industries because of the road transportation firms belonging to administrative industry, and used to belong to a state-owned system.Jiang Xi Chang Yun CO. LTD is the only listed company in all of the road transportation companies .it has fruitfully planned several m&a activities.its experience is valuable for the other companies in the industry ,which intents to implement m$a activities.This article used the m&a activities of Jiang Xi Chang Yun CO, LTD as the research background,and based on the m&a theory and transport economics,it emphasized the special intention of Jiang Xi Chang Yun CO, LTD in m&a activities and analyzed the problems that exsit in the m&a procedures and tried to get some useful conclusions for the road transportation companies.This article is devided into five parts:The first part is the introduction.It mainly introduce the study purpose , background, the theories and mathods that will be based on,and propose the problem...