本研究結果亦發現，透過有效益目的併購之方式，可以有效改善公司的營運體質，使償債能力獲得提升，以及透過併購提升業務能力與服務品質，並能使公司的盈利能力與獲利能力不斷上升之展現，同時影響到公開市場上投資者對企業的未來展望與發展，進而影響股票市場上之股票價值。 ;The enterprise obtain required resources and approach rapid enterprise transformation through mergers. Through the merger, the enterprise can obtains technical resources, equipment, marketing channel, and expand the market share. Furthermore, a success merge influencing the operation and development of the enterprise. The purpose of the merger is to produce operation performance and benefits.
To analyze the motivation of the enterprise merger, this research used the operation performance of the merger cases to analyze the intention of the enterprise to start a merger. The motivations of the mergers could influence the operation performances and indicators. Therefore, benefits of the merger could be discussed through the indicator of solvency, the indicator of operation performance, the indicator of profitability and the impact of stock market price after the merger as well.
This research finds out the beneficial purpose merger could efficiently improve the operational infrastructure and enhance the solvency of the enterprise. An effective merger could enhance the business capacity, improve the service quality and heighten the profitability of the enterprise. In addition, an effective merger could influence the public market investors′ expectations of the enterprise and impact the stock price.
