An Empirical Study on M&A and Reorganization Performance of Listed Companies in Power Industry

DOI

10.2991/icesem-18.2018.161How to use a DOI?

Keywords

Electric power enterprise; Merger and acquisition; Reorganization; Performance

Abstract

Under the macro background of deepening supply side reform, the electric power industry takes promoting supply side reform as main line. The industry carries out structural optimization and industrial upgrading vigorously. However, the performance of M&A and restructuring of power companies remains to be studied. In order to study the performance on M&A and reorganization, this paper adopted the factor analysis method and financial index method. The study takes the power enterprises that have undergone M&A and reorganization during 2013-2016 as the research object. The result shows the performance of the sample companies before and after M & A has increased first and then decreased. And the paper puts forward policy suggestions from the perspectives of the listed companies of power enterprises and government regulatory agencies.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Hongjing Zhang
AU  - Qiongyao Zheng
AU  - Zongze Li
PY  - 2018/08
DA  - 2018/08
TI  - An Empirical Study on M&A and Reorganization Performance of Listed Companies in Power Industry
BT  - Proceedings of the 2018 2nd International Conference on Education Science and Economic Management (ICESEM 2018)
PB  - Atlantis Press
SP  - 696
EP  - 699
SN  - 2352-5398
UR  - https://doi.org/10.2991/icesem-18.2018.161
DO  - 10.2991/icesem-18.2018.161
ID  - Zhang2018/08
ER  -