文献类型：会议论文

英文题名：Market value management and company M&A performance-Taking Donghua Software as an example

作者：Yang, Jing[1]

机构：[1]East China Univ Sci & Technol, Shanghai, Peoples R China

会议论文集：4th International Conference on Financial Innovation and Economic Development (ICFIED)

会议日期：JAN 18-20, 2019

会议地点：Acad Exchange Informat Ctr, Sanya, PEOPLES R CHINA

主办单位：Acad Exchange Informat Ctr

语种：英文

外文关键词：market value management; mergers and acquisitions; financial performance

摘要：Market value management refers to the goal of listed companies based on their own market value information, using a variety of business methods to achieve company value, shareholder value maximization and value creation, value management maximization and value realization. A good market value management can help companies achieve performance growth, reduce financing costs and merger and acquisition costs, enhance anti-acquisition capabilities and enhance brand image. Mergers and acquisitions, as one of the ways of market value management, can optimize the structure of the enterprise and improve the ecological chain of the enterprise; interact with the market value management and promote each other. After describing the theory of market value management and mergers and acquisitions, this paper takes Donghua Software's two mergers and acquisitions as an example to illustrate that mergers and acquisitions bring positive financial performance and positive effects on market value management.