Research On The Problem And Countermeasure Of Enterprise M & A In China 's Lighting Industry

In recent years, along with the continuously rapid development of market economy, the enterprise merger and acquisition activity in various industries can be said to be popular in China. Along with our country closer in line with international standards, the enterprise merger and acquisition is also the inevitable trend of the development of economic globalization in China. Merger and acquisition activity can achieve economies of scale and reduce the management risk of Mergers and Acquisitions enterprises. At the same time, can promote social industrial structure adjustment and optimization of the allocation of resources; improve the economics of the whole competition ability. Mergers and acquisitions as social resource reconfiguration, improve resource utilization efficiency is an important means; its purpose is to pursue the value of Mergers and Acquisitions.In the face of China’s Mergers and Acquisitions market active, after the merger integration of the success or failure, become the key to the success of mergers and acquisitions. Therefore, study the issue of integration after enterprise Mergers and Acquisitions as well as the method, in our country at present has practical guiding significance. The general overview of the Mergers and Acquisitions integration problems and finishing as well as the integration method, the difference between company and industry difference is not the same. So for the integration of industry mergers and acquisitions in the integration of enterprise Mergers and Acquisitions has its necessary research value.Lighting industry in our country has developed rapidly, but many technical core received large foreign lighting industry. And lighting industry in a few years agoIndustry appeared a small scale, decentralized, extensive, many brands, product quality good and bad are intermingled. How to change this state are also the main problems faced by lighting industry in recent years, as a result, Mergers and Acquisitions has become one of the choice of some of the lighting industry to industry consolidation. Because of the particularity of the industry, Mergers and Acquisitions integration appeared new characteristics different from other industry and problems. These problems and characteristics of practical research are significance.The main research work of this paper is based on the analysis of characteristic lighting industry mergers and acquisitions, in accordance with the integration of enterprises faced to the merger integration problems and industry characteristics, the merger integration problem analysis scientifically, summarizes the problems of the rule and reason and respond to industry, policy, investment reference opinions. Thesis is divided into six chapters: the first chapter is the introduction, this paper discusses mainly the thesis research background, significance, research ideas, content and methods; The second chapter discusses enterprise merger and acquisition and merger and acquisition integration theory overview; The third chapter on the current situation of China’s lighting industry merger integration characteristic research overview and case analysis of the Mergers and Acquisitions integration; The fourth chapter with CGN merger cases to analyze merger integration of specific problems; Chapter v lighting industry merger integration problems put forward policy Suggestions as well as for investors to make investment advice; The sixth chapter puts forward the main research conclusions of this paper, and discusses the limitation of the study and the direction of further research.