Study On Motivation And Performance Of Green M&A In Environmental Protection Industry

The 19 th National Congress of the Communist Party of China(CPC)put forward the concept of ecological progress in the new era and insisted on conserving resources and protecting the environment.In the face of increasingly serious resource and environment problems,our country new revision and passed a number of environmental policy in recent years,in view of the current environmental problems of the actual,specific and further enriched the content provision,puts forward more stringent environmental standards on environmental protection industry,enhance the restriction in environmental policy,environmental protection industry will therefore take more heavy environment protection responsibility.How to realize responsibility,the state has given corresponding guidance and support to the environmental protection industry,encouraged it to make contributions to social and economic development,seize the opportunity of reform and development,and actively implement green MERGERS and acquisitions.Adopting green M&A means to adjust industrial structure,optimize industrial layout,promote green industrial transformation and upgrading,or obtain green technological resources,speed up technological innovation,eliminate backward processes and production capacity,and reduce the conversion of old and new resource drivers to a certain extent.This article selects the China day Urbaser jacaranda m&a as an example,combining the present situation of environmental protection industry,scholars at home and abroad to m&a motivation theory and the basis of the existing research results,analysis of China day jacaranda take the green m&a process of specific motivation mode,mergers and acquisitions,through the study compared the green financial,environmental and other data before and after m&a,Evaluate its short-term financial performance and environmental performance.Through the discussion of the successful green MERGER and acquisition case,it is found that The action of China Jacaranda has greatly improved its competitive advantage,and the company’s financial performance and environmental performance have been significantly improved after the merger and acquisition.China Jacaranda has achieved industrial upgrading by leveraging a larger sum of money with less capital.In the end,the enlightenment is proposed and the relevant conclusions are summarized to provide reference for listed companies to achieve green M&A.