亚太经济
亞太經濟
아태경제
Asia-Pacific Economic Review
2014年
6期
136~140
,共null页
两岸 并购 非对称性
兩岸 併購 非對稱性
량안 병구 비대칭성
Cross-strait; Merger and Acquisition; Asymmetry
通过比较大陆和台湾企业并购市场现状、特点及其差异发现,相对大陆并购市场,台湾并购市场更显成熟,其参与主体更加多元化和扁平化。进一步分析两岸之间企业相互并购存在的产业、区位等因素的差异以及投资的相互流动性,证实两个市场之间企业并购受到产业选择、区位特征等因素的影响,并存在一定的非对称性。
通過比較大陸和檯灣企業併購市場現狀、特點及其差異髮現,相對大陸併購市場,檯灣併購市場更顯成熟,其參與主體更加多元化和扁平化。進一步分析兩岸之間企業相互併購存在的產業、區位等因素的差異以及投資的相互流動性,證實兩箇市場之間企業併購受到產業選擇、區位特徵等因素的影響,併存在一定的非對稱性。
통과비교대륙화태만기업병구시장현상、특점급기차이발현,상대대륙병구시장,태만병구시장경현성숙,기삼여주체경가다원화화편평화。진일보분석량안지간기업상호병구존재적산업、구위등인소적차이이급투자적상호류동성,증실량개시장지간기업병구수도산업선택、구위특정등인소적영향,병존재일정적비대칭성。
By analyzing MA market present situation,characteristics and differences between Mainland and Taiwan,this paper finds the Taiwan MA market is more diversity and flat.Further analyzing the liquidity,industry and geographical factors of mutual mergers and acquisitions,the data confirms enterprise MA between the two markets is affected by the factors such as industrial selection,regional characteristics,and so on.there are also obvious asymmetric characteristics between cross-strait MA market.