碩士 / 元智大學 / 管理碩士在職專班 / 95 / Over the worldwide of industries competition, only few firms were able to increase profits relying on their own resources. Both technology and market share could be obtained instantly over merger and acquisition. Merger and acquisition waves come across Western and Eastern countries, and step to Taiwan undoubtedly. Merge scenarios repeating daily on the financial field and scroll up to the high technology field, thus to evolve China enterprises claimed the same strategy to capture International business over M &; A since 2004.
This thesis delivers motive of industry and pursuit growth through merger and acquisition over case study. Companies Hon Hai and BenQ were used as examples to discuss their merging strategy. This study is to explore the key factors by individual of business intention and operative strategy driven result in terms of business goal and financial synergy. The performance of mergers and acquisitions were analyzed by following parameters: Debit Ratio, Current Ratio, Times Interest Earned, Inventory Turnover, Return on Assets, Return on Equity, Net Income, Earning per Share, Gross Profit Margin and Cash Flow Adequacy Ratio.
During the study and observation of Taiwan ODM/ OEM manufacturers struggling business operation behind M &; A and provided indication as follows:
1、 Creative extra profits from the saturated low margin
2、 Reduced research timeframe to obtain core technologies
3、 Owned patents and enhance competition
4、 Substantial account benefits and improve financial index
In the spectrum of case study, two Taiwan manufacturers of Top-Five Electronic Company had been initiated research for benchmark of those effectiveness between principles and practice over back and forth business operation. The purpose is to insight their successful and faulty execution over 3 years period as for academic study.
| Identifer | oai:union.ndltd.org:TW/095YZU05026039 |
| Creators | Yuan-Hui Hsu, 許 媛 慧 |
| Contributors | 丘駿飛 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 109 |
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