上市公司收购境内企业外资股权的财务绩效研究

以我国上市公司收购海外资本持有内地企业股权的案例为研究对象,采用因子分析法对并购的财务绩效进行分析,结果显示:从样本总体来看,上市公司收购海外资本所持内地企业的股权后财务绩效得到了明显的改善;企业性质、规模和行业类别不同的上市公司样本并购后的财务绩效表现差别很大。

A Research on the Chinese Listed Companies＇ Financial Performance After Purchasing the Equity of Domestic Enterprises Held by the Foreign Capital

We study the financial performance of the listed companies purchasing the mainland business interest held by the foreign capital by factor analysis.It finds that in general,a listed company’s financial performance was improved markedly after purchasing the mainland business interest held by the foreign capital;but the financial performance after the meager varies greatly as the nature,the scale and the category of an enterprise differ.