Chinese Enterprise Transnational Merger And Acquisition Risk Investigation

Since has entered the new century, take US, Western Europe as the head whole world transnational and buys the scale unceasingly to expand, and buys the volume already to amount to several 10000100000000 US dollars, but since joins after World Trade Organization, the Chinese enterprise transnational and buys in the quantity and the scale grows extremely is also swift and violent.Through transnational M&A,Chinese enterprises can quickly enter the international market,and participate in the resource assignment of the global market and thus get lager economic benefit .But for there are lots of risks during the transnational M&A . Cross-border M&A is a piece of higher-risking economic activity than inside M&A,unless you identify,estimate,prevent the risk of cross-border M&A,the cross-border M&A will be fault easily.On the base of statistics of relative department,the fault rate is about 50% in all cross-border M&A activities,whereas,at present,most of the research on the risk of cross-border M&A are qualitative analysis and cases analysis,quantitative analysis is small and out of systemic.Whenas,this thesis try to induct the newest fruit and system of risk management to research how to identify,estimate,prevent the risks of cross-border M&A with qualitativy analysis and cases analysis.And that enterprise is transnational and buy risk to distinguish is that risk carries out systematic grouping analysis point to various transnational and buying a frontage's to enterprise to happen not yet, gives the process knowing that and differentiating , is that enterprise is transnational buys risk measuring the basis judging together. Pass and buy the risk , international type investing in an iceberg pursuing law and the expert inquiring into law being able to distinguish out join the main risk buying having politics with law risk , policy risk , finance and financial affairs risk , transnational transnational Chinese enterprise culture to manage deficient risk of talented person. The law managing , wielding disheartened correlation for the quantization being in progress to transnational distinguishing out and the risk buying , the system risk factor entering risk is distinguished, precision measures risk thereby. On distinguishing and measuring the basis judging in risk, the reality being based on and buying enterprise can adopt a series of risk evading , changing and controlling risk's dealing with tactics.Measuring transnational and buying risk judges the research remaining to be gone a step further , requires that more high-level mathematics holds out coming theory and mathematic model.