Study Of The Corporation M&A's Performance Based On The Core Competence

Merge& Acquisition (M&A), as a means of resource redistribution, is playing an important part in the growth of an enterprise. It just the same as that said by the Nobel prize owner, famous American economics George J Stegerler:" Watching famous American giant enterprise, almost everyone adopt merger and acquisition to grow up by a way or to extend. Since Merger and Acquisition being used so largely, there must have inherent superiority." The inherent superiority of the M&A stimulates a great upsurge in enterprise's M&A. In the last few years, the merger tide in the range of the world has surged forward, rise one after another. But if M&A have brought the good performance result to enterprise, remain to be discussed. M&A of listed company is becoming a hot issue in the economic field. How to evaluate these changes with performance appraisal? What kind of evaluation is really effective? We should spend more time on this way to come up with the tide. The article concentrates on the construction of M&A performance appraisal system from the angle of M&A efficiency so that effectively appraise the issue of the enterprise's M&A performance.Firstly, the article result from the core competence, and deeply analyse the reason of the achievement of the enterprise's cooperation.Secondly, we discuss the relationship between enterprise's cooperation and achievement cooperation which based on the core competence. Thirdly, after analyzing the reason of the achievement cooperation, we know that Whether cooperation is successful or not based on the change of the core compentence.Fourthly,In order to judge the achievement of the cooperation of enterprise , obtained, this article used the fuzzy synthesis method to judge the achievement of enterprise.unified with the case of HuaLi to prove the competence between the pre-cooperation and cooperation.