Effect of Merger and Acquisition on Corporate Performance of Chinese Organisations in the Agricultural Sector
Abstract
This study focuses on the importance of mergers and acquisitions (M&A) in the Chinese agriculture industry by providing effective information, the evidence of this study emphasises the effect on business performance and sustainable growth by using M&A. The desire for strategic growth, and increased competitiveness, by increasing M&A activity in the Chinese agriculture sector. On the other hand, this study helps to find out the role of innovation, technology which works as a vital factor in adopting these techniques. On the other hand, the drawbacks and advantages of M & A are also discussed. The adoption of the method by using qualitative and quantitative information improved the relevance of the study. Many exciting studies and thematic analyses are developed by adopting exploratory design. On the other hand, descriptive design is used to evaluate quantitative information by using SPSS. Along with this used positivism research philosophy is used to define the evidence and data.
References
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Paul, U., & Bandyopadhyay, A. (2019). Theoretical Approaches to Qualitative Research. Bengal Physician Journal, 6(1), 12–14. https://doi.org/10.5005/jp-journals-10100-6103
Pawlak, K., &Kołodziejczak, M. (2020). The role of agriculture in ensuring food security in developing countries: Considerations in the context of the problem of sustainable food production. Sustainability, 12(13), 5488. https://doi.org/10.3390/su12135488
Poddar, N. (2019). A Study on Mergers and Acquisition in India and Its Impact on Operating Efficiency of Indian Acquiring Company. Theoretical Economics Letters, 09(04), 1040–1052. https://doi.org/10.4236/tel.2019.94067
Renneboog, L., &Vansteenkiste, C. (2019). Failure and success in mergers and acquisitions. Journal of Corporate Finance, 58, 650-699.https://doi.org/10.1016/ j.jcorpfin.2019.07.010
Soundarya, M. B., Lavanya, S. M., & Hemalatha, S. (2018). Merger and acquisition of business organization and its impact on human resources. Journal of Business Strategy, Finance and Management, 1(1), 69-72. https://mail.jbsfm.org/pdf/vol1no1/JBSFM_Vol1_No1-2_p_95-98.pdf
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Sun, Y., Liu, H., Liu, J., Sun, M., & Li, Q. (2023). Analysis of Factors Influencing the Corporate Performance of Listed Companies in China’s Agriculture and Forestry Sector Based on a Panel Threshold Model. Sustainability, 15(2), 923. https://doi.org/10.3390/ su15020923
Suzuki, K., & Low Sui Pheng. (2019). Research Methodology. Management in the Built Environment, 127–147. https://doi.org/10.1007/978-981-13-7244-5_7
Textor, C. (2023). China: acreage of sown or harvested land of farm crops 2022. Retrieved December 2, 2023, from https://www.statista.com/statistics/275574/acreage-of-sown-or-harvested-land-of-farm-crops-in-china/#:~:text=The%20statistic%20shows%20the%20total
Tiersma, K., Reichman, M., Popok, P. J., Nelson, Z., Barry, M., Elwy, A. R., … Vranceanu, A.-M. (2022). The Strategies for Quantitative and Qualitative Remote Data Collection: Lessons From the COVID-19 Pandemic. JMIR Formative Research, 6(4), e30055. https://doi.org/10.2196/30055
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Walsh, R. S., McClean, B., Doyle, N., Ryan, S., Lang, S.-J. S. -, Rishton, A., & Dagnall, N. (2019). A Thematic Analysis Investigating the Impact of Positive Behavioral Support Training on the Lives of Service Providers: “It Makes You Think Differently.” Frontiers in Psychology, 29. https://doi.org/10.3389/fpsyg.2019.02408.
Aderemi, T. A., Olanipekun, W. D., Bamidele, A. G., Hassan, C. O., Osabohien, R., &Azuh, D. E. (2021). Role of Agriculture in Poverty Reduction in Nigeria: An Implication for Sustainable Development Goals (SDGs). African Journal of Business and Economic Research, 2021(si1), 267. https://hdl.handle.net/10520/ejc-aa_ajber_v2021_nsi1_a13
Azungah, T. (2018). Qualitative research: Deductive and Inductive Approaches to Data Analysis. Qualitative Research Journal, 18(4), 383–400. https://doi.org/10.1108/QRJ-D-18-00035
Balogh, J. M. (2020). The role of agriculture in climate change: a global perspective. 670216917. https://doi.org/10.32479/ijeep.8859
Brush, T. H. (2017). Market Power. Palgrave Macmillan UK EBooks, 1–6. https://doi.org/10.1057/978-1-349-94848-2_493-1
Cavazza, A., Dal Mas, F., Paoloni, P., & Manzo, M. (2023). Artificial intelligence and new business models in agriculture: a structured literature review and future research agenda. British Food Journal, 125(13), 436–461. https://doi.org/10.1108/bfj-02-2023-0132
Chinadaily.com. (2018). China’s developing agricultural sector draws mergers - Business - Chinadaily.com.cn. Retrieved December 3, 2023, from https://www.chinadaily.com.cn/ bizchina/2014-09/01/content_18525298.htm
Cumming, D., Jindal, V., Kumar, S., & Pandey, N. (2023). Mergers and Acquisitions Research in Finance and Accounting: Past, Present, and Future. European Financial Management, 29(5), 1464–1504. https://doi.org/10.1111/eufm.12417
Deloitte China. (2018). Deloitte says China’s agricultural sector is being transformed to the consumer’s benefit | Deloitte China | Press Release. Retrieved December 3, 2023, from https://www2.deloitte.com/cn/en/pages/about-deloitte/articles/pr-china-agricultural-sector-transformed-to-consumer-benefit.html
Fortune.com. (2023). China is unloading its biggest-ever foreign acquisition. Retrieved December 2, 2023, from https://fortune.com/2021/07/01/china-acquisition-chemchina-syngenta/#:~:text=ChemChina%2C%20a%20state%2Downed%20enterprise
García, C. J., & Herrero, B. (2022). Corporate entrepreneurship and governance: Mergers and acquisitions in Europe. Technological Forecasting and Social Change, 182, 121845. https://doi.org/10.1016/j.techfore.2022.121845
Hong, X., & Chen, Q. (2022). Research on the impact of mergers and acquisition type on the performance of listed agricultural enterprises—an analysis of mediator effect based on R&D input. Sustainability, 14(5), 2511. https://doi.org/10.3390/su14052511
Hong, X., & Chen, Q. (2022). Research on the Impact of Merges and Acquisition Type on the Performance of Listed Agricultural Enterprises—An Analysis of Mediator Effect Based on R&D Input. Sustainability, 14(5), 2511. https://doi.org/10.3390/su14052511
Kim, H., Sefcik, J. S., & Bradway, C. (2017). Characteristics of qualitative descriptive studies: A systematic review. Research in Nursing & Health, 40(1), 23–42. https://doi.org/10.1002/nur.21768
Kim, S. M. (2021). Inductive or deductive? Research by maxillofacial surgeons. Journal of the Korean Association of Oral and Maxillofacial Surgeons, 47(3). https://doi.org/10.5125/jkaoms.2021.47.3.151
King, D. R., Bauer, F., & Schriber, S. (2018). Mergers and Acquisitions. Abingdon, Oxon ; New York, NY : Routledge, 2019. | Series: State of the art in business research, ISSN 2575–4815: Routledge. https://doi.org/10.4324/9780429469459
Lu, Y., & Chen, Y. (2021). Is China’s agricultural enterprise growing steadily? Evidence from listed agricultural companies. Chinese Journal of Population, Resources and Environment, 19(2), 203–212. https://doi.org/10.1016/j.cjpre.2021.12.022
Marketing Department. (2021, June 22). M&A in the Agri inputs sector. Retrieved December 2, 2023, from ONEtoONE Corporate Finance website: https://www.onetoonecf.com/ma-in-the-agri-inputs-sector/#:~:text=As%20in%20every%20sector%2C%20agriculture
Ngutuku, W., & Kariuki, P. (2021). Factors Affecting Implementation Of Strategic Merger In Selected Public Agriculture Research Institutions In Kenya. International Journal of Business and Strategic Management, 5(2), 987-1003.https://grandmarkpublishers.com/ journals/35594Wycliffe%20Ngutuku%20Manuscript.pdf
Ombaka, C., &Jagongo, A. (2018). Mergers and acquisitions on financial performance among selected commercial banks, Kenya. International Academic Journal of Economics and Finance, 3(1), 1-23. https://ir-library.ku.ac.ke/bitstream/handle/123456789/20747/ Mergers%20and%20Acquisitions%20on%20Financial%20Performance%20among%20Selected%20Commercial%20Banks,%20Kenya.pdf?sequence=1
Paul, U., & Bandyopadhyay, A. (2019). Theoretical Approaches to Qualitative Research. Bengal Physician Journal, 6(1), 12–14. https://doi.org/10.5005/jp-journals-10100-6103
Pawlak, K., &Kołodziejczak, M. (2020). The role of agriculture in ensuring food security in developing countries: Considerations in the context of the problem of sustainable food production. Sustainability, 12(13), 5488. https://doi.org/10.3390/su12135488
Poddar, N. (2019). A Study on Mergers and Acquisition in India and Its Impact on Operating Efficiency of Indian Acquiring Company. Theoretical Economics Letters, 09(04), 1040–1052. https://doi.org/10.4236/tel.2019.94067
Renneboog, L., &Vansteenkiste, C. (2019). Failure and success in mergers and acquisitions. Journal of Corporate Finance, 58, 650-699.https://doi.org/10.1016/ j.jcorpfin.2019.07.010
Soundarya, M. B., Lavanya, S. M., & Hemalatha, S. (2018). Merger and acquisition of business organization and its impact on human resources. Journal of Business Strategy, Finance and Management, 1(1), 69-72. https://mail.jbsfm.org/pdf/vol1no1/JBSFM_Vol1_No1-2_p_95-98.pdf
spglobal.com. (2023). Cofco seeks merger, IPO for Hopu-backed international trading unit – Bloomberg. Retrieved December 3, 2023, from https://www.spglobal.com/market intelligence/en/news-insights/latest-news-headlines/cofco-seeks-merger-ipo-for-hopu-backed-international-trading-unit-8211-bloomberg-63186110
Sun, Y., Liu, H., Liu, J., Sun, M., & Li, Q. (2023). Analysis of Factors Influencing the Corporate Performance of Listed Companies in China’s Agriculture and Forestry Sector Based on a Panel Threshold Model. Sustainability, 15(2), 923. https://doi.org/10.3390/ su15020923
Suzuki, K., & Low Sui Pheng. (2019). Research Methodology. Management in the Built Environment, 127–147. https://doi.org/10.1007/978-981-13-7244-5_7
Textor, C. (2023). China: acreage of sown or harvested land of farm crops 2022. Retrieved December 2, 2023, from https://www.statista.com/statistics/275574/acreage-of-sown-or-harvested-land-of-farm-crops-in-china/#:~:text=The%20statistic%20shows%20the%20total
Tiersma, K., Reichman, M., Popok, P. J., Nelson, Z., Barry, M., Elwy, A. R., … Vranceanu, A.-M. (2022). The Strategies for Quantitative and Qualitative Remote Data Collection: Lessons From the COVID-19 Pandemic. JMIR Formative Research, 6(4), e30055. https://doi.org/10.2196/30055
UN World Food Programme. (2022). A Global Food Crisis: World Food Programme. UN World Food Programme. (2022). Retrieved November 1, 2022, from https://www.wfp.org/global-hunger-crisis
Walsh, R. S., McClean, B., Doyle, N., Ryan, S., Lang, S.-J. S. -, Rishton, A., & Dagnall, N. (2019). A Thematic Analysis Investigating the Impact of Positive Behavioral Support Training on the Lives of Service Providers: “It Makes You Think Differently.” Frontiers in Psychology, 29. https://doi.org/10.3389/fpsyg.2019.02408.
Published
2024-11-30
How to Cite
YULIN, Chen; ABDUL LAITF, Ahmed Razman.
Effect of Merger and Acquisition on Corporate Performance of Chinese Organisations in the Agricultural Sector.
International Journal of Business and Technology Management, [S.l.], v. 6, n. 4, p. 113-123, nov. 2024.
ISSN 2682-7646.
Available at: <https://myjms.mohe.gov.my/index.php/ijbtm/article/view/28470>. Date accessed: 15 jan. 2025.
Section
English Section
