摘要
本文从微观的角度,分析并购事件对上市公司股价的影响,考察并购事件前后公司的财务状况发生的变化。得出单位资产创造的营业利润和单位资产通过经营活动创造的现金这两个指标通过并购得到改善,每股收益和净资产收益率也有所提高,而被并购公司的二级市场股价效应并不统一的结论。
From the micro-perspective, analysts analysis of the impact of listing shares of the company, analysts inspected the changes that have taken place after the company＇s financial situation. Come assets to create profits and assets of the business operations to create the cash acquisition of these two indicators improved, Earnings per share and net assets yield rate has been upgraded and the secondary market price effects of mergers and acquisitions were not unified conclusion.
出处
《开放导报》
北大核心
2007年第1期100-102,共3页
China Opening Journal
关键词
跨国并购
资本市场
实证
Cross border M＆A Stock market Demonstration
