A Study On The Performance Of Ping An M&A In Shanghai

Mergers and acquisitions(M&A)have made a very important contribution in improving resource allocation efficiency and reducing unit cost.With the development of economy and technology,the competition between enterprises is becoming more and more fierce.In the process of enterprise management,M&A also plays an increasingly important role.Therefore,it is very important to study the M&A activities of enterprises under the new situation.This paper analyzes the performance of merger and acquisition through the concrete case of Shanghai Jia-hua and the specific index value.It provides further reference and suggestions for the implementation and integration of M&A strategy.This paper calculates and collates the financial data of Shanghai Jiahua before and after the merger.Through the change of financial indicators,the financial performance before and after the merger of Shanghai Jia-hua is compared and analyzed to reach a conclusion.This paper first describes the background of M&A,the implementation of M&A,the integration after M&A and the specific M&A performance analysis of the case.The implementation of the merger and acquisition mainly introduces the specific operation process of the merger and acquisition event.At the same time,based on the event study method,the short-term performance changes before and after the merger of the target companies were analyzed.Based on the financial data of the target companies for the period 2010-2017,the main analysis was based on the general financial indicators and the comprehensive financial indicators.And from the strategic objectives,products and channels,scientific research innovation,employees and other aspects of the performance evaluation of non-financial indicators.At the same time,in view of the problems existing in this merger and acquisition,this paper puts forward relevant suggestions,including that both parties should make a comprehensive assessment before the merger,not just a financial assessment;After M&A,we should take positive measures to integrate,and both parties should promote the smooth transfer of control power of target enterprises.