整合管理是衡量企业并购成败的一个重要因素,它贯穿于企业并购的整个过程。整合是区分整合管理和常规管理的重要标志,本文借助价值链分析不同类型并购中整合的意义,以信息有效、财务有效和战略有效为标准,通过交易绩效、整合绩效、经营绩效和社会绩效等具体衡量整合管理的作用以及企业并购的价值。 Integrated management is an important factor to measure the success or failure of M & A, which runs through the whole process of M & A. Integration is an important symbol to distinguish between integrated management and routine management. This paper analyzes the significance of integration in different types of M & A by means of value chain, and takes the information effective, financially effective and strategic effective as the standard, through transaction performance, integration performance, business performance and social performance Specifically measure the role of integration management and the value of corporate mergers and acquisitions.