The center is directed by Professor Xu Li-ping, who is the director of Financial Management Department, School of Business Administration, Hunan University, and is composed of a group of outstanding teachers and students from School of Business Administration. They focus on social services, and strive to create high-quality research results. They are committed to promoting the theory of M&AS of Chinese corporate, and look forward to working with domestic and foreign counterparts outstanding scholars and social practice elite to carry out exchanges and cooperation.

The main members are:

Xu Liping, He Jinli, Liu Duan, Gong Guangming, Zhang Ling, Liu Guiliang, Chen Gongrong, Huang Jun, Peng Taoying, Zhu Xiangping, Zhang Biao , Zhu Qiming, Dai Zili, Jiang Weiping, Ling Zhixiong, Zhu Yan, Yang Yan, Du Jing, Wang Yuewu, Wang Yongyang, Zhou Hong, Wang Wenming, Peng Jiangping, Zhu Guocai, Ding Fangfei, Deng Yongqin, Xiao Jun, Xie Pingfeng, Xu Yuxiang, Wang Yufeng, Zhuo Lan, Cao Yue, Jiang Wen, Xiao Xiaofeng, Pu Danlin, Zhu Wei Lin, Gong Huiyun, Wu Lan, Liu Yixiang, Cao Lihong, Hong Yun, Liu Jin, Cao Feng, Li Guangrong.

Books and Papers:

[1] Lei Hui. Research on M&A Behavior of Listed Companies Based on the Level of Corporate Governance. Hunan: Hunan University Press .2012.

[2] Lei Hui. Listed Companies Asset Restructuring Performance. Hunan: Hunan University Press .2007.

[3] Yang Yan, Deng Le, Chen Shou. Enterprise Life Cycle, Political Association and M&A Strategy [J]. Management Review, 2014, (10): 152-159.

[4] Chen Gongrong, Mao Wen. Empirical Study on the Performance of Cross-border M&A of Listed Companies in China [J]., 2011, (12): 29-31.

[5] Wang Yufeng, Qin Su, Wang Jialin. The Relationship between Diversified M&A Decision and Internal Capital Market [J]. Finance and Accounting, 2016, (03): 111-114.

[6] Ling Zhixiong, Tao Shihui. Institutional Investors Heterogeneity, Corporate Governance and Cross-Border M&A Performance - based on Agency Cost Perspective [J]. Finance Monthly, 2016, (06): 27-31.

[7] Chen Min, Huang Bin. Executive Compensation Structure and Merger Goodwill Confirmation - Based on the Empirical Study of Listed Companies [J]. Finance News, 2015, (13): 25-28.

[8] Deng Yongqin. Empirical Study of the Value Creation of Horizontal M&AS in China's Listed Companies [A]. China Accounting Institute of higher engineering college branch. China Accounting Institute of higher engineering college branch of the 18th annual academic conference (2011) Proceedings [C] China Institute of Accounting Advanced Engineering College Branch :, 2011: 14.

[9] He Jinri, Huang Can. Research on M&A Theory: Review and Prospect [J]. Journal of Social Science of Hunan Normal University, 2007, (02): 104-107.

[10] Chen Gongrong, Ai Zhiqun. Financial Risk of M&A [J]. Finance and Economics Theory and Practice, 2002, (02): 69-71.

[11] Yu Chengyong, Yu Jinjin. Performance Evaluation of Corporate Governance, Corporate Governance Quality and M&A Premium [J]. China Assets Appraisal, 2017, (01): 39-44.

[12], Zheng Zhuqing, Xie Qi. Countermeasures to Improve the Performance of M&AS under the Background of Delisting System [J]. Journal of Hunan University of Science and Technology (SOCIAL SCIENCE EDITION), 2016, (05): 104-109.

[13] Zheng Zhuqing, Xie Hong. The Factors Affecting the Performance of M&A from the Perspective of Transaction Characteristics [J]. search, 2016, (08): 115-11

[14] Su Wei, Lei Hui. Study on the Types of Competitive Strategy and Its Implementation Model [J]. Management Modernization, 2016, (04): 75-77.

[15] Zheng Zhuqing, Xie Qi. Determinants of Cash Payment for M&AS of ST Companies -- Based on Double Perspectives of Acquirer and Target Side [J]. financial theory and practice, 2016, (01): 70-75.

[16] Cheng Fengchao, Yan Yushu, Ye Yichang. The Rationality of Stock Pricing in Chinese Listed Companies [J]. Macroeconomic Research, 2015, (01): 31-41 + 94.

[17] Li Xiaoguang, Zhang Lutan. Financial Risk of Internet M&A Based on Baidu Merger 91 Wireless Case [J]. Commercial Accounting, 2014, (17): 40-42.

[18] ZENG De-ming, ZHANG Lei-sheng, YU Xian-yun, ZOU Siming. The Choice of Internationalization Mode of R&D in High-tech Enterprises [J]. Soft Science, 2013, (10): 25-28.

[19] Cheng Cheng, Liu Jiapeng. The Pricing of M&AS of Listed Companies [J]. accounting research, 2011, (11): 40-46+93.

[20] Lei Hui, Zhao Hailong, Ren Liqin. The Effect of M&A on Labor Demand in Chinese Listed Companies [J]. Soft Science, 2011, (09): 105-110.

[21] Lei Hui, Shao Huawei, Li Ai. Effects of M&A Behavior of Low-carbon Industry Listed Companies on Labor Demand of Enterprises - Empirical Analysis Based on Dynamic Panel Data [J]. Systems Engineering, 2010, (12): 69-74.

[22] Lei Hui, Wu Chan. Board Governance, Managerial Overconfidence and Decision of Enterprise M&A [J]. Journal of Beijing Institute of Technology (SOCIAL SCIENCE EDITION), 2010, (04): 43-47.

[23] Lei Hui, Zhao Hailong, Xiao Ling. The Influence of M&AS on Labor Demand of Companies -- Empirical Analysis Based on Panel Data [J]. East China economic management, 2010, (07): 115-118.

[24] Lei Hui, Zhao Hailong, Shao Huawei, Li Li. Empirical Research on the Impact of Different Industries M&AS on Company Labor Demand Based on Panel Data [J]. financial theory and practice, 2010, (04): 77-81.

[25] Lei Hui, Zhao Xue, Zhao Hailong, Wu Chan. The Performance of M&A in Shanghai Stock Market under the Circulation Pattern [J]. Journal of Economic Mathematics, 2009, (04): 69-75.

[26], Xiao Wei, Yin Sixia, Chen Yihua. Research on M&A Import Strategy under the Bidding of Both Sides [J]. scientific decision, 2009, (12): 79-83.

[27] Lei Hui, Xiao Ling, Wu Chan. M&AS Financing Preference of Listed Companies under Full Circulation Pattern [J]. Journal of Hunan University (SOCIAL SCIENCE EDITION), 2009, (06): 61-63.

[28] Lei Hui, Xiao Ling, Zhao Hailong. M&A Financing and Governance Performance of Listed Companies [J] .Journal of Finance and Economics, 2009, (06): 42-45.

[29] Li Jingxia, Wang Yigang. Stock Price Effect of M&A of Listed Companies - Empirical Evidence from Shanghai and Shenzhen A-share Market in 2007 [J]. Finance and Economics Theory and Practice, 2009, (05): 47-51.

[30] Lei Hui, Hao Yanyan, Xiao Ling. Empirical Study on the Factors Affecting the Financing Preference of Listed Companies under the Full Circulation Pattern [J]. Journal of Hunan University (NATURAL SCIENCE), 2009, (03): 89-92.

[31] Lei Hui, Hao Yanyan, Chen Shou. Analysis of Short-Term Value Effect of M&A Financing Preference of Listed Companies under Full Circulation [J]. Systems Engineering, 2008, (02): 7-13.

[32] Xiao Jie, Yi Xianzhong. The Latest Developments in Cross-Border M&AS Research [J]. Economic issues, 2006, (10): 59-63.

[33] Qin Guowen. The Three Party Interest Orientation and Game in the M&A of State-Owned Enterprises [J]. Systems Engineering, 2006, (02): 28-31.

[34] Zhang Jialin, Cai Junhui. Motivation and Performance of M&A in China's Listed Companies [J]. Economic Issues, 2005, (11): 42-43.

[35] Chen Shou, Daiqiang, Lei Hui. The Impact of M&AS on the Efficiency of M&A Companies [J]. corporate financial theory and practice, 2005, (06): 31-35.

[36] Cai Junhui, Zhang Jialin. Motivation and Performance of M&A in Listed Companies [J]. Western Finance, 2005, (10): 10-12.

[37] Tao, Nie Jianhua. Application of Cultural Integration Model in the Process of Enterprise Culture Integration [J]. Journal of Hunan University (Social Sciences Edition), 2005, (03): 43-45.

[38], Yang Xiaojia, Chen Yan. Evaluation Model of Performance Matrix of M&AS of Listed Companies [J]. financial theory and practice, 2005, (02): 64-68.

[39] Yang Xiaojia, Chen Tong. The motivation of M&AS of Chinese listed companies [J]. Journal of Hunan University (SOCIAL SCIENCE EDITION), 2005, (01): 38-42.

[40] Li Jingxia. Factors affecting the success of bank mergers and evaluation methods [J]. Journal of Xiangtan University Natural Science, 2004, (02): 105-108.

[41] MA Chao-qun, REN De-ping. Target enterprises’ value characteristic analysis and evaluation method Based on Expansion Option [J]. Systems Engineering, 2004, (03): 20-24.

[42] Chen Shou, Luo Yongheng, Shu Tong. Research and Empirical Study on Long - term Excess Returns of Enterprise M&A [J]. Quantitative Economics and Economic Research, 2004, (01): 110-115.

[43] Xiang Lili, Li Bin. Analysis Method and Empirical Study on Bank M&A and Bank Efficiency [J]. Shanghai Finance, 2003, (12): 24-25.

[44] Shu Qiangxing, Guo Haifang. Empirical Analysis of the Contribution of M&AS to Chinese Listed Companies [J]. Journal of Hunan University (SOCIAL SCIENCE EDITION), 2003, (05): 42-46.

[45] Shu Qiangxing, Guo Haifang. Empirical Study on the Value Creation of M&AS of Chinese Listed Companies [J]. financial theory and practice, 2003, (05): 61-64.

[46] Li Jingxia, Zhou Xiaochun. Empirical Analysis on the Efficiency of Bank M&A [J]. Journal of Natural Science, Xiangtan University, 2003, (01): 93-95.

[47] Mao Yuhui. Analysis of M&AS of Listed Companies in Hunan [J]. Journal of Hunan University (SOCIAL SCIENCE EDITION), 2002, (S1): 102-104.

[48] ZHENG Hai-long, LI Shu-cheng. Study on Integrated Management Based on M&A [J]. China Management Science, 2002, (04): 65-70.

Projects:

[1] XU Li-ping, Key projects of Hunan provincial finance department: “Research on financial management, accounting treatment and tax planning of PPP item company” Hunan [2016], 23 2016.8.26-2017.12.31

[2] XU Li-ping, Soft Science project of Hunan Province: “Study on Ecological budget control in the process of new industrialization in Hunan”, 2007ZK3018, 2006.1.1-2007.12.31.

[3] XU Li-ping, Social Science Fund of Hunan Province: “Research on enterprise budget management based on ABC and SCM oriented”, 05YB23, 2005.1.1-2006.10.1.

[4] XU Li-ping, Soft Science project of Hunan Province “A study on the present situation and incentive mechanism of enterprise social cost investment in Hunan Province”, 2010ZK3019, 2010.06-2011.12.

[5] XU Li-ping, Projects of Financial Accounting Practice Technology of New Three Board Brand, 2016.06.01-2021.06.01，Hunan Kangningda Medical Technology Co., Ltd

[6] XU Li-ping, Project of the Strategy Upgrade, Risk Measurement and Efficiency Evaluation of Hunan Xiangjiang New District, 6ZWB24, 2016.06.24-2017.06.30

[7] XU Li-ping, Project of Input - Output Decision - making Analysis System of Fixed Assets of Xiangxi Tobacco Workstation, 2014.12.01-2016.12.31, Hunan Tobacco Company Xiangxi Autonomous Prefecture Branch

[8] XU Li-ping, Project of Comprehensive Performance Evaluation Model of Rural Poverty Alleviation Community in China, 2012BZZ122, 2012.05.20-2012.12.31

[9] Xie Shifen, National Social Science Foundation Project: Research on motivation and accounting standards of western corporate mergers and acquisitions, 2000

[10] Xie Shifen, National Natural Science Foundation of China: Research on the alienation of accounting behavior and regulatory innovation of Listed Companies in China, 2003

[11] Lei Hui, National Social Science Foundation: Research on mergers and acquisitions behavior of listed companies based on governance level in the full circulation pattern, 2007-2012

[12] Lei Hui, natural science foundation of Hunan Province: Research on the impact of Target Corp governance on mergers and acquisitions in the new era, 2009-2011

[13] Gong Guangming, national doctoral Foundation: integrated application of management accounting methods in enterprise ecological control system, 20130161110045

[14] Liu Qian, National Science Foundation Youth Project: the competition effect of corporate cash holding policy in explicit investment smoothing and implicit pricing investment from the perspective of precautionary motivation 201201520512, 2013.01-2015.12

[15] Liu Qian, sub project of National Natural Science Foundation of China: sub subject of Strategic Introduction of investment decision and risk management, 71031004, 2011.01-2014.12

[16] Zhang Ling, National Natural Science Foundation of China: sub subject of Strategic Introduction of investment decision and risk management: enterprise strategic environmental constraints description, 2011-2014

[17] Zhang Ling, the humanities and social science project of the State Education Commission: Research on the quality discrimination of accounting information based on the protection of investors' interests, 2006-2008

[18] Huang Jun, the National Natural Science Foundation Project: Research on the mechanism of the impact of setting the media agenda on corporate social responsibility: based on the perspective of stakeholder, 71672055, 2017-2020.

[19] Yang Yan, project of National Natural Science Foundation of China: Research on corporate social responsibility mechanism based on dynamic interaction between system and market pressure, 71572055, 2016.01-2019.12

[20] Yang Yan, National Natural Science Foundation of China: investment decision and risk management under strategic import, 71031004, 2011.01-2014.12

[21] Wang Yuewu, the latter funded project of National Social Science Fund: Financial economics of competitiveness - enterprise value, capital and competitiveness analysis, 11FJY003

[22] Ding Fangfei, National Social Science Foundation Youth Project: Research on the mechanism and monitoring system of institutional investors' self-interest behaviors to financial crisis, 09CJY081

[23] Ding Fangfei, general manager of the national fund for science projects: The intervention mechanism of securities analysts' forecasts of market sentiment under the role position of "opinion leaders", 71572054

[24] Deng Yongqin, National Social Science Fund Project General Project: financial instruments based on China's special environment, confirmation and measurement, accounting standards, continuous convergence, 25932015, 06-2017.06

[25] Chen Min, National Social Science Foundation Project late project: The improvement and implementation approach of customer oriented government performance audit system, 12FGL002, 2012-2013

[26] Cao Lihong, national subsidiary fund Youth Project: Research on Market Timing Behavior of Listed Companies in Private Placement under Issue Control, 71502055, 2016-2018

[27] Cao Feng, National Natural Science Foundation of China: Research on the conduction path of the share concentration of institutional investors affecting the risk of stock price collapse, 71602053, 2017-2019

[28] Li Guangrong, national level: Germany (BMBF, APR10/810), Innovation Research on Industrial Logistics Cluster Based on Energy and Environmental Protection, 2011-2017

[29] Jiang Weiping, Project of Science and Technology Investment and Financing and Risk Control Mechanism in Hunan Province, 2014TZ2001, 2014.11.26-2016.10.18

[30] Deng Yongqing, Project of Value Evaluation of Derivative Financial Instruments, 2011.12.01-2011.12.31

[31] Ding Fangfei, "12th Five-Year Plan" of investment and financing planning consulting project of Changsha Economic and Technological Development Zone, 2010.03.22-2011.10.31

MPAcc Case Study

Committed to the cases as the carrier of the construction and dissemination of management knowledge, center has organized to develop and collect a series of representative cases of corporate M&AS, and has accumulated a wealth of practical information and research results in corporate M&AS. In all, Center contains a total of 35 cases, including 32 accounting cases and 3 business administration cases.

1. How do Long yuan Construction make itself PPP leading shares?
[Number] 201712530198
[Author] Xu Liping, Xu Xiaoci, Shen Chonghao, Wu Shiting

2. Wohua medicine M&A Kang Chen Pharmaceutical: increase synergies or transfer benefits?
[Number] 201712530199
[Author] Xu Liping, Liu Xiaoxi

3. Look at the new three board and Jun business merged exchange crown shares: is it "snake swallows elephant" or "backdoor listing"?
[Number] 201712530200
[Author] Xu Liping, Xia Mengting

4. "Two-wheel drive ", a new model of strategic transformation - based on TZ’s case study of mergers and acquisitions
[Number] 201712530201
[Author] Yang Yan, Fan Shuo, Yu Xiaochun, Sun Mengmeng

5. Strategic transformation, where would the traditional retail industry go - based on the research of BG company
[Number] 201712530202
[Author] Yang Yan, Fan Shuo, Yu Xiaochun, Sun Mengmeng

6. Has the asset group been impaired for B power generation company? Analysis Based on audit professional judgment
[Number] 201712530203
[Author] Liu Guiliang, Yang Xingxiu, Chen Liuxu, Zhang Qing, Liang Xiaoyu,

7. Win or betrayal: Acquisition case of A Machinery Co., Ltd.
[Number] 201712530204
[Author] Liu Guiliang, Chen Liuu, Liang Xiaoyu, Zhang Qing, Zhang Jie

8. " Gluttonous Snake " of Hengkang Medical
[Number] 201712530205
[Author] Xu Liping, Cheng Mengting

9. What is more important, capital or feelings? anti-acquisition storm of Vanke
[Number] 201712530206
[Author] Huang Jun, Huang Qi

10. Barbaric growth path of Hengkang medical’s acquisition
[Number] 201712530207
[Author] Xu Liping, Cheng Mengting

11.Who is more cost-effective in Ocean Motor's high-priced mergers and acquisitions?
[Number] 201712530208
[Author] Xu Liping, Xie Bing

12. Controversy on the Conclusion to Goodwill Impairment Test
[Number] 201612530072
[Author] Liu Guiliang

13. The origin geometric of Greentown Group’s financial crisis
[Number] 201612530005
[Author] Huang Jun, Liu Xinya

14. Bright Dairy’s Phase Equity Incentive Plan: State-owned Equity Incentive Reform and Restricted Stock Incentives
[Number] 201612530004
[Author] Huang Jun, Fan Liying

15. Seven years’ listing of Hailan Home: IPO crashed, backdoor listing
[Number] 201612530003
[Author] Huang Jun, Chen Huihui

16. Haipu Rui’s acquisition of the United States company, SPL
[Number] 201612530083
[Author] Huang Jun

17. Work by step: Jun sheng’s mergers and acquisitions road
[Number] 201612530082
[Author] Huang Jun, Wu Qiying

18. Can the internal audit of the supply chain achieve value multiplication for the Jian Feng Pharm?
[Number] 201612530241
[Author] Xu Liping, Shen Chonghao, Xu Xiaoci

19. Where should the Xiangxi idle tobacco smoke station go?
[Number] 201612530240
[Author] Xu Liping, Wu Shi Ting

20. Development and change - NS group funds centralized management model optimization
[Number] 201512530047
[Author] Zhu Qiming

21. Analysis on the Correlation between Yaxing Chemical Equity Pledge and the Invasion of Large Shareholders' Interests
[Number] 201512530048
[Author] Zhou Lan

22.The power and source of Anta Sports running to accelerate
[Number] 201512530049
[Author] Xu Liping, Wu Shiting, Zhang Haoran

23. Can "new manufacturing thinking" write the myth of Lenovo?
[Number] 201512530050
[Author] Xu Liping, Shen Chonghao, Zhao Liang

24. Carefully drive perpetual ship - A Comparison of Dual Cases of Overseas M&A of Zoomlion and Shuanghui International
[Number] 201512530011
[Author] Yang Yan, Zhou Bo, Zhou Ya

25. Application of channel management theory in working capital management for Hunan Haley Chemical Co., Ltd.
[Number] 201412530119
Author: Zhou Hong, He Jin Ri

26. Choice of financing strategy for Leybold tech Co., Ltd.
[Number] 201412530029
[Author] Zhou Lan

27. Should Sany proactively calculate and disclose EVA?
[Number] 201412530030
[Author] Xu Liping

28. Hunan Telecom Performance Management: Evolution from Goal Management to Balanced Scorecard
[Number] 201412530026
[Author] Xu Liping

29. Are high wages the first impetus?
[Number] 201412530027
[Author] Xu Liping

30. XBRL internship fantasy tour
[Number] 201412530028
[Author] Xu Liping

31. The choice confusion of audit result of internal control for inventory purchase and inventory
[Number] 201412530024
[Author] Liu Guiliang

32. M&AS of Midea Group listed as a whole
[Number] 201412530025
[Author] Huang Jun

33. "Let’s date" (A): put the appointment through to the end
[Number] 201412510145
[Author] Zhu Guowei

34. Happy Go: the first four years of a media retail business
[Number] 201412510197
[Author] Zhu Guowei

35. Three generations, ten years Nirvana - Human resource management reform of China Construction Fifth Engineering Bureau
[Number] 201412510071
[Author] Zeng Wei