Research on M&As performance of iron and steel enterprises based on factor analysis

For a long time, market concentration of China's iron and steel industry is at a lower level, which affects the international competitiveness of iron and steel enterprises seriously and caused serious overcapacity. It is imperative to increase the M&As intensity of iron and steel enterprises and improve the market concentration. Analysis of the M&As performance has important guiding significance for guiding the merger behavior. Based on factor analysis, comprehensive evaluation model of the M&As performance for iron and steel enterprises is proposed in this paper. The results of the M&As performance verify the feasibility of evaluation model.