Study On Motivation And Consequence Of Green M&A

Since the 18th CPC National Congress,the Party and the state have attached great importance to ecological progress.After the fifth Plenary Session of the 18 th CPC Central Committee,enhancing ecological progress was included in the national five-year plan for the first time,and environmental protection was added to the list of political tasks in China.Despite growing advocacy for sustainable development,the global ecosystem continues to crumble under the influence of human activities.How to minimize the negative impact of environment in the process of production is an urgent problem to be solved.Green M&A this kind of green investment approach began to enter the field of vision.What is the motivation for enterprises to carry out green M&A?What aspects should be measured to evaluate the implementation effect of green M&A?In view of these two problems,this paper carries out research.This paper adopts the method of literature study and case study,summarizes the previous literature,and deeply discusses the motivation of enterprise green M&A and the consequences of green M&A on enterprise economy,environment and society.Specifically,this paper takes The Green M&A event of Jingxing Paper industry as a case study.The study finds that green M&A is the result of a combination of internal and external factors.In the face of government supervision and public pressure,enterprises improve environmental protection technology and reduce environmental consumption through green M&A.The implementation of green M&A can help improve the environmental and social performance of enterprises and bring economic benefits.Based on this case,this paper puts forward enlightenments and suggestions for enterprises to implement green M&A from the perspectives of the government,enterprises and the public.This paper focuses on the enterprise sample to study the motivation and consequences of green M&A,and adds relevant research results of green M&A.It not only provides some ideas and references for Chinese enterprises to implement green M&A,but also provides help for the government and other relevant departments to take measures to support green M&A activities.