The Performance of Enterprise M&A Under Various Types of M&A

This paper investigates the impact of different types of mergers and acquisitions on company M&A performance. An empirical study is conducted based on the sample data from Chinese listed companies in both 2013–2014. Our research suggests that, on the whole, M&A activity can improve corporate performance, different types of mergers and acquisitions truly have different effects on M&A performance in different periods after M&A, and there is a positive correlation between horizontal mergers and long-term firm performance. Our research findings have implications for companies that choose their M&A types.