中国工商银行跨国并购的效率分析

发布时间：2018-05-19 03:01

本文选题：银行并购 + 中国工商银行　；参考：《湘潭大学》2017年硕士论文

【摘要】：20世纪90年代以来,很多企业为了扩大其规模,获得规模经济,在全球范围内盛行企业间的并购,尤其是银行并购。近年来,很多大型银行已积极寻求海外市场,进行跨国并购,成功的银行跨国并购不仅可以扩大银行的规模和业务范围,带来规模经济,还可以打开国际市场,获得国际市场的准入证,从而提升银行的经营业绩,从而获得范围经济。然而,银行的并购并不总是能为银行带来好的方面,相反,由于并购后地域和文化的差异将导致管理难度的增大,从而导致银行在并购后的业绩将降低。随着经济一体化和金融全球化的发展,跨国并购和收购已经成为实现中国商业银行进入国际市场的重要途径之一。银行的跨国并购也已成为中国的金融从业者和研究者关注的焦点。而中国工商银行作为中国四大商业银行之首,1984年,中国工商银行开始跨国并购,开启了中国商业银行跨国并购之门,近年来,中国工商银行也一直积极探索跨国并购之路。因此,本文选择中国工商银行近年来发生的跨国并购的案例,运用并购相关理论,竞争优势理论,规模经济理论和交易成本理论,以及金融学等相关知识,采用理论研究和案例研究相结合的研究方法,主要从两个角度出发:一是分析工商银行并购东亚银行的成本,二是分析银行跨国并购的绩效,本文发现银行跨国并购的效率变化主要是通过影响跨国并购的成本而引起的,为了解决银行并购的问题,本文还提出相关的对策及建议。期望对于我国其他商业银行的跨国并购有一定的借鉴意义。
[Abstract]:Since 1990s, in order to expand their scale and gain economies of scale, many enterprises have been popular in the world, especially bank mergers and acquisitions. In recent years, many large banks have actively sought overseas markets for cross-border mergers and acquisitions. Successful cross-border mergers and acquisitions can not only expand the scale and scope of business of banks, but also open up the international market. Access to the international market to improve the performance of banks, thereby achieving economies of scope. However, mergers and acquisitions of banks do not always bring good aspects for banks. On the contrary, due to the differences of regions and cultures after mergers and acquisitions, it will lead to more difficult management, which will lead to lower performance of banks after mergers and acquisitions. With the development of economic integration and financial globalization, cross-border mergers and acquisitions have become one of the important ways for Chinese commercial banks to enter the international market. Bank M & A has also become the focus of Chinese financial practitioners and researchers. Industrial and Commercial Bank of China (ICBC), as the first of the four commercial banks in China, began cross-border mergers and acquisitions in 1984, which opened the door of cross-border mergers and acquisitions of Chinese commercial banks. In recent years, ICBC has been actively exploring the road of cross-border mergers and acquisitions. Therefore, this paper chooses the case of transnational M & A of ICBC in recent years, and applies the relevant knowledge of M & A theory, competitive advantage theory, scale economy theory and transaction cost theory, as well as finance, etc. Using the method of combining theoretical research and case study, this paper analyzes the cost of ICBC's merger and acquisition of Bank of East Asia and the performance of Bank of East Asia's cross-border M & A from two aspects: first, the cost of ICBC's merger and acquisition of the Bank of East Asia; This paper finds that the efficiency change of bank cross-border M & A is mainly caused by influencing the cost of cross-border M & A. In order to solve the problem of bank M & A, this paper also puts forward some relevant countermeasures and suggestions. It is expected to be useful to other commercial banks in our country.
【学位授予单位】：湘潭大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F832.33;F271

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