摘要
协同价值的分配对并购各方至关重要,并且影响着并购质量。文章以市场交易价格和市场类型入手,分析了影响协同价值分配的因素。并考虑了双方资源和能力对协同价值的贡献大小的基础上,从层次分析法(AHP)的角度构建了协同价值的分配模型并进行案例验证。最后,针对如何切实估算总协同价值提出了若干建议。
The synergy distribution is far more important between both parts of M & A, and affects the quality of M & A. This article starts with the market trading prices and the type of markets to analyze the factors that relation to synergy distribution. The article also cre- ates and studies the synergy distribution according to the resource and capacity contribution to synergy. Finally, it puts forward several suggestions to estimate the total synergies effectively.
出处
《华东经济管理》
CSSCI
2010年第3期157-160,共4页
East China Economic Management
关键词
并购
协同价值分配
层次分析法
mergers and acquisitions
synergy distributions
AHP