Study On Modes Of Mergers And Acquisitions Of China Publishing Group

Adjust the economic structure,there are two ways: First,by incremental investment to industry development bottleneck, the second is to promote liquidity through stock adjustment, at the time of slowing economic growth economic restructuring depends mainly on the stock and then configured to implement, M & a is the main way stock adjustment through corporate mergers, the advantages of mergers and acquisitions inferior enterprises, speed up capital from traditional industries pace, can lower exit costs, while enhancing the advantages of the strength of enterprises, to expand its production capacity to effectively adjust the industrial structure.News publishing industry is an important part of China's cultural industry, as the global economic integration and the development of international publishing industry entered the Chinese book publishing market, construction Publishing Group Publishing Group is the countermeasures against foreign challenges and requirements of the reform itself, is publishing companies an important way to improve the international competitiveness of culture. Our existing publishing and media companies after the establishment of the Group has made some achievements, but would like to further develop subject to funding constraints, promote Publishing Group's overall listing of China's reform and development stage Publishing Group's main task.The object of study is the book publishing group in China's publishing Group deepening reform in the background, through efficiency theory, agency theory and transaction cost theory to explain the significance of mergers and acquisitions, from our publishing group mergers and acquisitions of listed motives, and risk factors facing,focusing on M & a describe our publishing group of six modes, and the listing of the ownership structure,operating performance and other financial data analysis,to test the operating results of listed through mergers and acquisitions, exploring the way of reorganization and acquisition of the publishing group, is also unlisted publishing group to provide a reference...