Enterprise M&A Performance Study Based On The Balanced Score Card

With the rapid development of science and technology and economy since the 21 st century,enterprises are under multiple pressures such as fast changing consumer demand and fierce competition.Facing these pressures,they often tend to through mergers and acquisitions to make up for their defect in order to achieve the effect of expansion of power.This is because mergers and acquisitions are both efficient and effective,and can directly eliminate competitive pressure from competitors.But how can accurate study of mergers and acquisitions,for an enterprise to make timely adjustment and summing up experience is important.Performance due to the traditional analysis method cannot have satisfied the needs of the enterprises at present,and academia in recent years began to intensify the research of this field in m&a performance,to ensure adequate theoretical basis to guide to solve practical M&A problems which had happened.This article employs the new balanced scorecard,combined with the motivation of m&a parties to set up a comprehensive performance study system.The system,respectively,from the perspective of the financial and non-financial aspects,the research of this paper selected each year during the period of a number of indicators for comparative study,judge the results,the acquisition achieved is envisioned to achieve anticipated goal.Comprehensive full text study,the whirlpool acquisition by behavior of hefei sanyo didn’t make any synergy gains,so don’t think the merger and acquisition is a failure experience.Aiming at the existing deficiency of the acquisition of mergers and acquisitions subject put forward outlook,but also that which is worth reference,trying to provide other same type enterprise mergers and acquisitions can be reference.