市场势力理论

其中理论主要有协同效应理论、交易费用理论、价值低估理论和市场势力理论。

These theories use synergy , transaction costs , under valuation , market power to interpret MA .

产业的市场势力理论及其估计方法

Industries ' market Forces Theory and the Estimated Method

评述了与并购绩效相关的并购动机理论，包括：协同效应动机理论、代理问题理论、狂妄假说理论、自由现金流量理论、市场势力理论、再分配理论等；

Firstly , we make a systematical review of the motive theories relevant to the performance of M & A : the motive theory of synergy effect , agency problem theory , hubris hypothesis theory , etc.

第二部分相关研究文献综述。对国内外市场势力的相关理论和实证研究历程进行回顾，并总结相关研究在各个时间段的观点。

The second part of the research is literature review , which include reviewing domestic and international studies about theoretical and empirical studies of market forces , and summarizing the related research point of view in every time period .