Research On Evaluation And Control Of Listed Company M & A Financing Risk

With the economic globalization and accelerated adjustment of industrial structure,M&A has becomed the approach to undertake competition and meet market demand for enterprises,also the expansionary action to guide and control in direction and mechanism by government. Financing is the main factor that determines the success or failure of M&A for it involves large funds, evaluation and control of M&A financing are brought to the forefront by government, industrial community and Theory horizon. In the aspects of guaranteeing the success of listed company M&A financing, promoting the perfection of capital market and optimizing industrial structure, Scientific analysis and evaluation of listed company M&A financing risk have important theoretical and practical significance.Based on research achievements of domestic and foreign scholars on the M&A financing, arranging other work around the central task of evaluating listed company M&A financing risk,used the financing and capital structure theories,this paper cleared and definited the connotation characteristics of listed company M&A financing risk,analysised inside Out listed company M&A financing risk,digged the factors of listed company M&A financing risk,made the analysis of listed company M&A financing risk more dynamic and more generalized.After the analysis of listed company M&A financing risk, used group eigenvalue method and statistical analysis to screen evaluation index in the aspects of importance,correlation and identification to construct listed company M&A financing Multi-Stage risk evaluation Indexes System;Secondly,proposed the listed company M&A financing risk dynamic grey fuzzy comprehensive evaluation model on the based of combination of Grey Theory and fuzzy thought,and then did the case study;Finally,analysed the System Structure of listed company M&A financing risk, did the control of listed company M&A financing risk of case result,and proposed the suggestions and countermeasures to control listed company M&A financing risk.