差异化定价策略在上市公司并购实践中的应用

Yuancong Xu
{"title":"差异化定价策略在上市公司并购实践中的应用","authors":"Yuancong Xu","doi":"10.54254/2754-1169/98/2024ox0120","DOIUrl":null,"url":null,"abstract":"In recent years, with the continuous active market of listed companies M&A and reorganization, the phenomenon of differentiated transaction pricing M&A is very common. In order to quickly shorten the transaction process, the initial design of the transaction plan needs to pay attention to the demands of the transaction parties, and the application of differentiated pricing strategy meets the diversified needs of the transaction parties. Based on the historical wave of M&A and the development status of Chinese listed companies, this paper analyzes the applicability and defects of M&A pricing of Chinese listed companies from the point of view of the core issue in the M&A process. This paper studies the pricing problem from two aspects. First, starting from the deterministic system, it analyzes the pricing of M&A enterprises under the perfect market system. The second is from the actual situation of China, the use of AMPS model for analysis. The research results show that the practice of differentiated pricing strategy of listed companies can not only deepen the understanding of the role of corporate governance in M&A, but also promote the effective risk control and profit maximization of listed companies. The research significance is to have a further understanding of the M&A pricing of China's joint-stock enterprises.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"38 20","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Application of Differentiated Pricing Strategy in M&A Practice of Listed Companies\",\"authors\":\"Yuancong Xu\",\"doi\":\"10.54254/2754-1169/98/2024ox0120\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"In recent years, with the continuous active market of listed companies M&A and reorganization, the phenomenon of differentiated transaction pricing M&A is very common. In order to quickly shorten the transaction process, the initial design of the transaction plan needs to pay attention to the demands of the transaction parties, and the application of differentiated pricing strategy meets the diversified needs of the transaction parties. Based on the historical wave of M&A and the development status of Chinese listed companies, this paper analyzes the applicability and defects of M&A pricing of Chinese listed companies from the point of view of the core issue in the M&A process. This paper studies the pricing problem from two aspects. First, starting from the deterministic system, it analyzes the pricing of M&A enterprises under the perfect market system. The second is from the actual situation of China, the use of AMPS model for analysis. The research results show that the practice of differentiated pricing strategy of listed companies can not only deepen the understanding of the role of corporate governance in M&A, but also promote the effective risk control and profit maximization of listed companies. The research significance is to have a further understanding of the M&A pricing of China's joint-stock enterprises.\",\"PeriodicalId\":104305,\"journal\":{\"name\":\"Advances in Economics, Management and Political Sciences\",\"volume\":\"38 20\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2024-07-26\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Advances in Economics, Management and Political Sciences\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.54254/2754-1169/98/2024ox0120\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Advances in Economics, Management and Political Sciences","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.54254/2754-1169/98/2024ox0120","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0

摘要

近年来,随着上市公司并购重组市场的不断活跃,差异化交易定价的并购现象十分普遍。为了快速缩短交易流程,交易方案的前期设计需要关注交易各方的需求,差异化定价策略的应用满足了交易各方的多样化需求。本文基于并购的历史浪潮和我国上市公司的发展现状,从并购过程中的核心问题出发,分析了我国上市公司并购定价的适用性和缺陷。本文从两个方面对定价问题进行研究。一是从确定性体系出发,分析完善市场体系下并购企业的定价问题。二是从我国实际情况出发,运用AMPS模型进行分析。研究结果表明,上市公司差异化定价策略的实践,不仅可以深化对公司治理在并购中作用的认识,还能促进上市公司有效控制风险,实现利润最大化。研究意义在于进一步了解我国股份制企业的并购定价。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
The Application of Differentiated Pricing Strategy in M&A Practice of Listed Companies
In recent years, with the continuous active market of listed companies M&A and reorganization, the phenomenon of differentiated transaction pricing M&A is very common. In order to quickly shorten the transaction process, the initial design of the transaction plan needs to pay attention to the demands of the transaction parties, and the application of differentiated pricing strategy meets the diversified needs of the transaction parties. Based on the historical wave of M&A and the development status of Chinese listed companies, this paper analyzes the applicability and defects of M&A pricing of Chinese listed companies from the point of view of the core issue in the M&A process. This paper studies the pricing problem from two aspects. First, starting from the deterministic system, it analyzes the pricing of M&A enterprises under the perfect market system. The second is from the actual situation of China, the use of AMPS model for analysis. The research results show that the practice of differentiated pricing strategy of listed companies can not only deepen the understanding of the role of corporate governance in M&A, but also promote the effective risk control and profit maximization of listed companies. The research significance is to have a further understanding of the M&A pricing of China's joint-stock enterprises.
求助全文
通过发布文献求助,成功后即可免费获取论文全文。 去求助
来源期刊
自引率
0.00%
发文量
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信