The Indicators of M&A or Green Field Investment Behavior: the Evidence from Power Industry

M&A and green field investment (GFI) are very important methods of company growth. Each of the investment ways could bring different outstanding achievement and development of company, so it is very important to choose the way of investment. This paper discusses the boundary of M&A and green field investment both in external and internal levels, and then uses power industry data to build a decision model of M&A-green field investment in power industry.