| ACKNOWLEDGEMENTS | 第4-5页 |
| ABSTRACT | 第5页 |
| 摘要 | 第6-7页 |
| LIST OF ABBREVIATIONS | 第7-16页 |
| Chapter Ⅰ Introduction | 第16-24页 |
| 1.1 Research Background, Objective and Significance | 第16-19页 |
| 1.1.1 Research Background | 第16-18页 |
| 1.1.2 Research Objective and Significance | 第18-19页 |
| 1.2 Research Contents, Ideas and Methods | 第19-23页 |
| 1.2.1 Research Contents | 第19-20页 |
| 1.2.2 Research Ideas | 第20-21页 |
| 1.2.3 Research Methods | 第21-23页 |
| 1.3 Innovation of Research | 第23-24页 |
| Chapter Ⅱ Literature Review | 第24-39页 |
| 2.1 Definitions of Related Concepts | 第24页 |
| 2.2 Influencing Factors of Cross-border M&A Performance | 第24-35页 |
| 2.2.1 Macro-level Influencing Factors | 第25-28页 |
| 2.2.2 Medium-level Influencing Factors | 第28-30页 |
| 2.2.3 Micro-level Influencing Factors | 第30-33页 |
| 2.2.4 Summary of Influencing Factors of Cross-Border M&A Performance | 第33-35页 |
| 2.3 Corporate Cross-border M&A Integration Strategy | 第35-37页 |
| 2.4 Comments on literature | 第37-39页 |
| Chapter Ⅲ Case Description | 第39-46页 |
| 3.1 Introduction of the M & A Company and Target Companies | 第39-42页 |
| 3.1.1 The Acquirer: Sinocare Inc | 第39-41页 |
| 3.1.2 Target Companies: NIPRO and TPS | 第41-42页 |
| 3.2 M&A Processes | 第42-44页 |
| 3.3 The Result of M&A | 第44-45页 |
| 3.4 Research Issue | 第45-46页 |
| Chapter Ⅳ Case Analysis | 第46-74页 |
| 4.1 Macro Environment Analysis of Sinocare’s Cross-Border Continuous M&A | 第46-50页 |
| 4.1.1 Analysis of Political and Legal Environment | 第46-47页 |
| 4.1.2 Analysis of Economic Environment | 第47-48页 |
| 4.1.3 Analysis of Social and Cultural Factors | 第48-49页 |
| 4.1.4 Analysis of Technological Factors | 第49页 |
| 4.1.5 Summary of Macro Environment Analysis | 第49-50页 |
| 4.2 Analysis of Motivations and Patterns of Sinocare’s Cross-Border M&A | 第50-53页 |
| 4.2.1 Motivations of Sinocare’s Cross-Border M&A | 第50-52页 |
| 4.2.2 Patterns of Sinocare’s Cross-Border M&A | 第52-53页 |
| 4.3 Performance Analysis of Event- study Method | 第53-60页 |
| 4.3.1 Processes of Event- study Analysis | 第53-60页 |
| 4.3.2 Summary of Performance Analysis of Event- study Method | 第60页 |
| 4.4 Performance Analysis of Accounting-study method | 第60-72页 |
| 4.4.1 Steps of Financial Indicators Analysis | 第60-62页 |
| 4.4.2 Analysis of Operating Capacity | 第62-63页 |
| 4.4.3 Analysis of Solvency | 第63-66页 |
| 4.4.4 Profitability Analysis | 第66-69页 |
| 4.4.5 Development Capacity Analysis | 第69-71页 |
| 4.4.6 Summary of Financial Indicators Analysis | 第71-72页 |
| 4.5 Analysis of Non-financial Index | 第72-74页 |
| Chapter Ⅴ Conclusions and Policy Suggestions | 第74-81页 |
| 5.1 Major Conclusions and Findings | 第74-75页 |
| 5.2 Policy Suggestions for Sinocare to Improving Cross-Border M&A FinancialPerformance | 第75-78页 |
| 5.2.1 Clarify the Strategy for M&A Integration | 第76页 |
| 5.2.2 Open Up a Global Sales Network to Achieve Business Synergy | 第76-77页 |
| 5.2.3 Strengthen R&D Capacity and Apportion R&D Costs | 第77页 |
| 5.2.4 Strengthen the Control over Production Costs of Target Companies | 第77-78页 |
| 5.2.5 Establish an Integrated Financial Management System to Optimize theCapital Structure | 第78页 |
| 5.2.6 Tax Planning Possibilities | 第78页 |
| 5.3 Implications of the Study | 第78-81页 |
| 5.3.1 Issues and Risks of Enterprises’ Cross-border M&A | 第78-79页 |
| 5.3.2 Performance evaluation method of Cross-border M&A | 第79-80页 |
| 5.3.3 Methods for Improving Financial Performance of Cross-border M&A | 第80页 |
| 5.3.4 The Further Research Issue and Limitation | 第80-81页 |
| REFERENCE | 第81-86页 |
| APPENDIX | 第86-91页 |
