Research On The Problems Of Performance Commitment Of Bada Landscape In The M&A Of Meili Ecology

In recent years,with the rapid development of China's capital market enterprise merger and acquisition has become one of the important means for many enterprises to expand in order to increase their competitiveness.According to relevant data(looking for data on the number of mergers and acquisitions in recent years),in the middle of 2015,there were 2,669 mergers and acquisitions of listed companies,and the total transaction amount was about 2.2 trillion yuan,an increase of 52%compared with 2014.In recent two years,mergers and acquisitions were more frequent.However,with the increase of mergers and reorganizations of listed companies,there are more problems related to them.The high valuation of mergers and acquisitions and excessive premium of mergers and acquisitions have brought huge impact on the capital market and disrupted the market.Although many mergers and acquisitions will make corresponding performance commitments to avoid the performance risks brought by mergers and acquisitions,the standards for making performance commitments are not reasonable,and the performance commitments are inefficient to fulfill.Some enterprises even change their performance commitments to avoid responsibility.M&a performance commitment is mostly involved in the practical case of problem in recent years,and in the market are widespread in the process of mergers and acquisitions of earnings forecast overestimate caused the phenomenon of high performance to promise,and the problem of adverse outcomes,such as mergers and acquisitions party shares due to lower performance commitment and unfinished,mergers and acquisitions party has also been the target for performance commitment to such problems as not up to standard and litigation,etc.Based on the research on the concepts and relevant theories of m&a performance,this paper first exp lores the m&a process of bada landscape in the process of the m&a of beautiful ecology,understands the background and content of performance commitment,and USES the case study method and literature review method to sort out the structure of the paper and provide reasonable guarantee for the final conclusion.Secondly analyzes bada garden beautiful ecological m&a performance to promise stage and performance stage,evaluate its problems and formulate reasonable,based on the questions,using relevant knowledge for the beautiful ecological performance of m&a promises in the future are put forward countermeasures and Suggestions,provide the certain reference value for other industry enterprises.Finally,it summarizes the problems and puts forward some enlightenment to provide some countermeasures and Suggestions for the performance commitment related problems in the future m&a of beautiful ecology,which is conducive to the regulators to find the defects of the current system and continuously improve it It is beneficial to make use of performance commitment more effectively for both parties in other m&a cases to improve the efficiency of m&a.To some extent,it is conducive to the benign development of China's capital market and the reduction of the number of events infringing on the rights and interests of small and medium-sized investors.