The Impact of Cross-industry Mergers and Acquisitions on the Internal Control System ─ A Case Study of Company A merged with Company B

• Main Authors: Cheng-Yu Chang, 張正郁
• Other Authors: 陳雪如
• Format: Others
• Language: zh-TW
• Published: 2011
• Online Access: http://ndltd.ncl.edu.tw/handle/6mz9sb

碩士 === 國立中興大學 === 高階經理人碩士在職專班 === 99 === Taiwan''s LCD industry has played a decisive role in the international market during these years. The development of panel industrial structure tends to approach to industry consolidation mergers and to achieve economies of scale of the play. Corporate mergers and acquisitions for the company is one of the ways to rapid expansion which includes vertical mergers, horizontal mergers and acquisitions, cross-industry mergers and acquisitions, etc… To launch M & A business is to successfully achieve both acquisition purposes. No matter what kind of acquisition is used, to find the same internal systems from the two different companies or to re-enact the whole system is the key factor to merge two different companies into one company successfully. In this study, case study to explore the case among companies in the panel industry, upstream and downstream industry chain, due to characteristics of different industries, but there are differences in the internal control system, the company was acquired from the case before the case after the merger of the company''s internal control impact of the system, the final synthesis of cross-industry mergers and acquisitions before and after the impact of differences in the internal control system. The case study analysis cross-industry mergers and acquisitions around the company''s internal control system of the differences, the following conclusions: A cross-industry mergers and acquisitions after the internal control system to the surviving company based Second, effective internal control system to ensure the company''s operating performance Third, the audit staff involved in mergers and acquisitions to increase when the probability of merger success