Case Studies Based On The Company Control Lag Transfer Affect M & A Integration

As securities market is developing and perfecting, corporate mergers and acquisitions behavior becomes more and more. As an important way of enterprise capital operation, in control of a company merger activity transferred to basic goal,in order to guarantee the M&A integration in smoothly and improve merger acquisition efficiency and other reasons, M&A party may voluntarily or guaranteed to target companies must control, but in M&A process control and will affect transfer lag acquisition integration smoothly and implementation. Based on this, the paper to acquiring corporation for merger control transfer lag system integration impact and in-depth analysis and discussion.This paper selects danone m&a wahaha, saic mergers and acquisitions double TOM outdoor media company three typical cases, using the influencing factors of the scale and control of the index, the relevant inspection standard many case studies respectively, the method and strategy under the merger of financial mergers shifting control lag analysis of the causes, found in m&a shifting control lagging cultural conflict, top managers constraint mechanism, corporate governance mode problems. Based on this, the paper puts forward the control transfer lag situation sound top managers constraint mechanism, and set up standard management structure, improve intercultural communication ability, strengthen merger between the two sides of the strategic dependence, strengthen the management of the relationship between the merger control such as integration strategy, and put forward the control transfer lag situation company merger ideal power mode Settings, which tries to improve the efficiency of m&a integration and provides reference for reference.For the company of the lag of merger control transfer the adverse effect of the acquisition integration, this paper puts forward the control transfer lag situation, should perfect top managers constraint mechanism, enhancing intercultural communication ability, and set up standard governance structures, etc, so as to avoid integrated strategy shifting control the lag of m&a from consolidation obsession.