资产评估视角下业绩承诺履行情况分析——基于上市公司并购重组案例的研究  

Analysis of the Fulfillment of Performance Commitment from the View of Assets Appraisal——Research Based on the Case of Merger and Acquisition of Listed Companies

作　　者：刘灿灿 徐明瑜 陈佳欣 Liu Cancan;Xu Mingyu;Chen Jiaxin

机构地区：[1]天源资产评估有限公司江苏分公司 [2]南京审计大学金审学院 [3]南京大学

出　　处：《中国资产评估》2022年第3期67-72,1,共7页Appraisal Journal of China

摘　　要：本文运用CiteSpace软件分析业绩承诺理论研究领域在研究学者、研究机构以及研究热点等方面的分布状况,以此揭示目前该领域的研究成果和不足。在此基础上,本文创新性地以上市公司并购重组案例为研究样本,通过梳理并购重组案例反映的业绩承诺基本特征,进一步以未完成业绩承诺的案例为研究对象,深入分析案例的行业特征、定价方法选择以及业绩未实现原因,从资产评估视角详细剖析了上市公司并购重组业绩承诺的履行情况,同时进一步分析了案例的主要特征。本文研究不仅有助于资产评估专业人员了解业绩承诺理论研究的现状,而且通过对案例的研究解读也能为资产评估专业人员承做并购重组项目,更好地服务资本市场提出合理化建议。This article uses CiteSpace software to analyze the distribution of scholars, institutions and hot-spots in the research field of performance commitment theory, so as to reveal the current research achievements and shortages in this field. On this basis, this paper creatively takes the M&A cases of listed companies as the research samples,and combs the basic characteristics of performance commitment reflected in the M&A cases, further takes the cases of unaccomplished performance commitment as the research object, and deeply analyzes the industry characteristics,pricing method selection and the reasons for the unaccomplished performance. From the perspective of assets appraisal,this article analyzes the performance commitment of M&A of listed companies in detail, and further analyzes the main characteristics of the case. This article not only helps assets appraisal professionals understand the current situation of performance commitment theory research, but also puts forward reasonable suggestions for assets appraisal professionals to undertake M&A projects and serve the capital market better.

关 键 词：资产评估 业绩承诺 承诺履行 

分 类 号：F275[经济管理—企业管理]