新冠肺炎影响下弱势企业并购谈判的胜利——亚洲企业的实证研究

Tsai-Hsin Cheng, Chung-Jian Huang, C. Sung, Yi-Chang Huang
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引用次数: 1

摘要

新型冠状病毒感染症(COVID-19)引发的全球封锁导致海运、陆运、航空全面中断。由于全球资源的重新分配,各国政府最近提倡通过战略联盟和垂直整合进行收购和合并,以振兴经济。本研究旨在运用博弈论和信息经济学的方法,探讨农渔业生物技术产业的企业并购是如何谈判的,以及均衡价格是如何实现的。本研究发现,采用投资估值(资产法、收益法、市场法),并提出三项专利(全球唯一的非药物变性纯公罗非鱼和GPS[公式:见文]C云冷链物流),弱势企业越能在并购谈判中获得胜利价格。
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Vulnerable Company’s Triumphs in M&A Negotiation under the Impact of COVID-19 — An Empirical Study of Asian Companies
The worldwide lockdown caused by COVID-19 has led to the complete suspension of shipping, land transportation, and aviation. As a result of the redistribution of global resources, governments have recently advocated acquisitions and mergers with strategic alliances and vertical integrations to revitalize the economy. This study aims to investigate how the mergers and acquisitions (M&A) were negotiated and how the equilibrium price was achieved with game theory and information economics in agricultural and fishery biotechnology industry. The findings in the present study propose that by adopting investment valuation (asset-based approach, revenue method, market method) and presenting three patents (globally unique nondrug-denatured pure male tilapia and GPS [Formula: see text]C cloud cold chain logistics), the more the vulnerable company is able to attain a triumphant price during the negotiation of M&A.
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来源期刊
CiteScore
1.30
自引率
11.10%
发文量
36
期刊介绍: This journal concentrates on global interdisciplinary research in finance, economics and accounting. The major topics include: 1. Business, economic and financial relations among the Pacific rim countries. 2. Financial markets and industries. 3. Options and futures markets of the United States and other Pacific rim countries. 4. International accounting issues related to U.S. companies investing in Pacific rim countries. 5. The issue of and strategy for developing Tokyo, Taipei, Shanghai, Sydney, Seoul, Hong Kong, Singapore, Kuala Lumpur, Bangkok, Jakarta, and Manila as international or regional financial centers. 6. Global monetary and foreign exchange policy, and 7. Other high quality interdisciplinary research in global accounting, business, economics and finance.
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