Title :
Notice of Retraction
The Empirical Research on Chinese Listed Companies Performance of M & A
Author :
Rui Fu ; Fuzhong Chen
Author_Institution :
Econ. & Manage. Sch., Wuhan Univ., Wuhan, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Based on the 27 domestic listed companies which took place mergers and acquisitions during 2003 to 2005 and published as the top 5 on the Web site of the Global M & A Research Center, the performance of M & A was analyzed by factor analysis and paired-samples T test. The research found that: In the financial indicator system to impact of M & A performance, the solvency, profitability and asset composition of the role of indicators were comparatively strong and operation capacity was comparatively weak; The last year, the very year and the next year of the financial indexes of the merging corporations are no significant difference by doing paired-samples T test to the scores of merging corporations; According to the means in paired samples T test, the financial condition after merging changed weakly, which was reasonable to merging companies. Finally, an outlook in this area was taken.
Keywords :
corporate acquisitions; financial data processing; profitability; factor analysis; financial indicator system; mergers-and-acquisitions; profitability; Conference management; Corporate acquisitions; Engineering management; Finance; Financial management; Information analysis; Merging; Performance analysis; Stock markets; Testing; Factor Analysis; Paired-samples T test; financial evaluation; performance of mergers and acquisitions (M&A);
Conference_Titel :
Information and Financial Engineering, 2009. ICIFE 2009. International Conference on
Conference_Location :
Singapore
Print_ISBN :
978-0-7695-3606-4
DOI :
10.1109/ICIFE.2009.9