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Study On M&A Decision Support System Based Enterprise Basic Information

Posted on:2013-07-03Degree:MasterType:Thesis
Country:ChinaCandidate:W LiangFull Text:PDF
GTID:2248330374990666Subject:Software engineering
Abstract/Summary:PDF Full Text Request
Mergers and Acquisitions (M&A) is an investment in essence. The key to obtain ahigher return on investment is the ability to generate synergies and create value,which depends largely on the target chosen firms. M&A target is throughout the entireM&A activity as a key factor in the acquisition process and guide the conduct of theentire acquisition. Therefore, selecting the appropriate target firms are the key tosuccess for mergers and acquisitions. Nowadays the researches on M&A at home andabroad are mainly about M&A motivation and effect, mode, synergy ect. However, theresearch of supporting the decision-making direction is not much. Therefore, theM&A decision support system research through the use of financial theory and relatedinformation technology has important significance for long-term development of greatsignificance, to reduce the M&A risk, synergy, and to promote firms.In this paper, the theoretical research is mainly on qualitative analysis andquantitative analysis. Analysis relational theory about M&A, the goal of screeningmethods, and M&A decision support model results show that the current lack ofresearch on M&A decision-making support system. This paper analyze the targetfirms management information, the basis of information, business information, andfinancial information, synergy of M&A of the target firms’s basic information, aquantitative analysis, and quantitative indicators for M&A decision-making system.On this basis, the target M&A decision support model construction principle is basedon the analysis of variable weights and fuzzy judgment matrix method to establish adecision support model for the assessment index system for basic information.In order to verify the validity of the model, this paper uses empirical analysis todecision support model was validated, qualitative information by the expert score forthe target firms’s financial information obtained in the listed companies,establishment of decision support model calculated and the results were the preferredsort, and ultimately the corporate executives through decision support model toprovide the reference data to consider acquisition targets firms.According to the target firms screening decision support model, applicationsoftware engineering methods, the use of Agent technology to complete a needsanalysis, system design, coding, testing and deployment, enterprise basicinformation-based M&A decision support system design and development.
Keywords/Search Tags:Enterprises’ M&A, Target Firms, M-Attribute Decision, Fuzzy Matrix, Agent, Decision Model
PDF Full Text Request
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