Analysis of Green Merger: Evidence from Anhui Conch Cement Company Limited Getting Anhui Conch New

Abstract

In order to the goal of achieving the carbon peak by 2030, many enterprises had to take the green transition, so the green merger and acquisition came into being, becoming one of the important means of the green transformation of many enterprise, so it is important to investigate whether green mergers can really bring enough performance to enterprises, this study mainly wants to explore based on the example of green merges and acquisitions to find out if green merchandise is really the best option of the Green Transition. The cement industry is the current high carbon emission industry, and the Conch Cement Company Limited as the largest cement production enterprise in China, the obligation and responsibility to lead the green Transformation, so this study has chosen the Conch Cement Company Limited for the purchase of the Conch New Energy Company in 2021, the analysis of the acquisition performance. This study will consider the green and purchase performance, clear green and buy definition and based on the case analysis, from both financial and non-financial performance, measure and make this purchase.