论文部分内容阅读
企业兼并收购促进了一批美国巨型、超巨型和跨国企业的产生和发展,提高了企业的规模经济效益,推动了产业的升级和资本在全社会范围的优化配置。美国经济发展过程,出现了五次兼并收购浪潮。第一浪潮发生于1893年至1904年间,高峰为1898年至1903年。基本特点是同一行业的小企业合并成一个或几个大企业。这次兼并收购浪潮使美国经济形成了更加合理的结构。这一时期共计有2864起兼并,涉及资产总额63亿美元,100家最大
Mergers and acquisitions have promoted the emergence and development of a number of American giant, super giant and multinational enterprises, increased the economies of scale of enterprises, and promoted the upgrading of industries and the optimal allocation of capital in the whole society. The United States economic development process, there have been five waves of mergers and acquisitions. The first wave occurred between 1893 and 1904 with the peak from 1898 to 1903. The basic characteristic is that small businesses in the same industry merge into one or more large enterprises. The wave of mergers and acquisitions has brought the U.S. economy to a more reasonable structure. A total of 2,864 mergers and acquisitions were made during this period, involving a total assets of 6.3 billion U.S. dollars and 100 largest ones