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題名:以生命系統演化觀點建構跨國企業併購架構
作者:洪國爵
作者(外文):Kuo-Chueh Hung
校院名稱:逢甲大學
系所名稱:商學博士學位學程
指導教授:陳建文
蕭志同
學位類別:博士
出版日期:2014
主題關鍵詞:企業併購生命系統自覺性演化共演化Mergers and AcquisitionsLiving systemSelf-conscious evolutionCo-evolution
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併購是現代企業擴大生產規模、開發新市場、通路或擁有新技術、價值創造的重要途徑。尤其是跨國企業之間的併購行為,已成為全球投資人與企業集團,甚至是政府矚目的交易活動。事實上,跨國併購行為是一個複雜與動態的過程,因為牽涉到兩國的法律與社會、公司文化、企業策略及工會等因素的交互作用。本研究運用併購演化三階段,即併購前自覺性演化、併購中共演化、併購後自覺性演化三個併購階段,嘗試利用生命系統、自覺性演化及共演化的觀點,探討亞洲高科技公司(Sony)併購歐洲Ericsson公司之手機事業部歷程,找出此併購案成功的原因,以增加學術界與實務上對跨國併購演化行為的了解。
研究發現併購是類似生命系統的演化,是一連串的生命系統內部元件與外部環境變數不斷互動、依存的過程。Sony併購Ericsson其成功的因素在雙方事前資訊充分揭露,尤其當找到併購目標公司後,雙方的共演化,互相配合調整與併購後是否能有效率地進行自覺性演化,是將來可否適應環境,存活的關鍵過程。因此,利用演化三階段來分析企業併購議題,可以增加對於併購行為的瞭解,並且可以應用於實務面併購前、併購中與併購後的分析。
Mergers and Acquisitions is an important way for modern enterprise to expand production scale, development new markets, channels, or new technology to increase value creation. M&;A activity, especially among multinational companies, has become the world&;#39;s investors and business groups, and even the government anticipated transactions. In fact, cross-border M&;A activity is a complex and dynamic process, because it involves interaction between law and society, corporate culture, corporate strategy and trade unions and other factors between the two countries. In this study, three-stage merger evolution, evolution of consciousness that pre-merger, merger of evolution, the evolution of consciousness after the merger of three acquisition phases, try to take advantage of living systems, the evolution of consciousness evolution and perspectives to explore the Asian high-tech companies (Sony) acquisition process of Ericsson mobile phone division. Find out the reason for this merger, to increase the understanding of the academic and practical evolution of the cross-border merger and acquisition behavior. This study found a similar living system; life is a series of components within the system constant interaction with the external environment variable. Sony Ericsson merger success factors in the full disclosure of information on both sides beforehand, especially when companies find acquisition targets, the future possibility of adaptation to the environment, survival the key process. Therefore, using a three-stage evolution to analyze mergers and acquisitions issues can increase understanding of the mergers and acquisitions.
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