- Socioeconomic aspects
– It may minimize the social/ economic loss from the bankruptcy of companies with potential growth, withdraw and exit the declining companies (industries), and facilitate the advancement into growing companies.
– Management efficiency improvement and entry costs reduction in restructuring the industry
▶ Minimization of the lead time of establishing new management bases required in securing new technologies, know-how, human resources development, and new markets
– Reinforcement of market dominance and pursuit of economies of scale
▶ Expansion of company resource concentration and strengthening of market dominance by M&A
▶ Various expense reductions including raw material purchase expense, inventory management cost, fixed manufacturing cost, etc., and economies of scale attainable through M&A
O business aspect
Achievement of added value increase and increase of business synergy effects through expansion of company value chain
– Securement of technological superiority through R&D cost savings and improvement of market advancement time
o Financial aspects
– Risk diversification effects through risk decrease or profit increase of companies expected
– The increase of debt service ability and tax savings benefit expected