1、2000 单词， 1.1万英文字符， 中文 3050 字 文献出处： Saat M, Himmelsbach J. Sustainable Merger and Acquisition TransactionsImportant Aspects as Part of a Process Model Especially for Enterprises in the Service Market J. International Journal of Business and Social Science, (2014):65-74. http:/w ww.w E4E3C4.html 原文 S
2、ustainable Merger and Acquisition Transactions Important Aspects as Part of a Process Model Especially For Enterprises in the Service Market Maksim Saat Abstract The recent years have seen worldwide an unprecedented wave of mergers and acquisitions. However empirical research studies show a high fai
3、lure rate of implemented M&A transactions in enterprises in the service sector. The aim of the paper is to show important success factors for sustainable M&A transactions in enterprises in connection with a newly developed holistic concept for national and international M&A processes for the testing
4、 service market (TICET market) and for the service sector market in general. This important success factors are especially the developed and implemented risk management model and the innovation management. Furthermore the results of the developed holistic M&A process model will be analysed, measured
5、 and objectivised with the help of a case study, and management instruments will be highlighted. As part of the case study the results of M&A transactions carried out by TV NORD and by its main competitor TV SD were used. Keywords: Sustainable M&A transaction, holistic M&A Model, Risk Management Mod
6、el, Innovation Management, Competition Analysis, Benchmark Analysis. 1. Introduction A lot of publications and studies show the enormous importance of Merger and Acquisition (M&A) transactions in the context of realising growth and profit targets and the accompanying value increase in an enterprise 2, 3. Against this background the implementation of sustainable M&A transactions allow the assumption that M&A should be a very successful strategy for the developm
