Research On The Assessment Of Value In Strategic Corporate Mergers And Acquisition

With Economic globalization,mergers and acquisitions is the inevitable trend of development,occurrence of a listed company in the past M & A matters,often for the pursuit of some short-term financial interests of mergers and acquisitions,M & A-style statement.Today,M & A mode with the financial drawbacks caused by the gradually emerging,as well as the internationalization of China's securities market growing trends,listed companies have begun to change the traditional ideas and their development from a long-term perspective,since the implementation of a series of large strategic M & A plan.The emergence of strategic mergers and acquisitions,so that the objectives of the original complex business valuation issues become more complex and the key objectives of the traditional business valuation methods can not fully meet the needs of the valuation.However,as a key factor in mergers and acquisitions,M & A valuation has been a hot research scholars at home and abroad.Especially for M & A in today's strategic goals to assess the value of the business,it is worthy of research scholars,this article will be to study.The main research work is that the objectives of the traditional pricing method introduced on the basis of analysis of the traditional objectives of the advantages and disadvantages of enterprise pricing and its applicability;strategic acquisitions the core of the problem is to obtain core competitiveness or synergistic value On the one hand,and the valuation of the traditional pricing method has been unable to meet,it is necessary to solve this problem from the enterprise value of this paper constitute a point of view,combining the characteristics of strategic M & A strategic objective of mergers and acquisitions in the value of enterprises into the value of existing business enterprises and the value of strategic M & A synergiesⅡ,according to the characteristics of the various parts,namely the assessment of the alternative model, in order to form a complete assessment of the value system;Finally,the strategic use of a typical empirical analysis of M & A cases,verify the value of establishing the reasonableness of the assessment system and scientific.Objectives of strategic mergers and acquisitions in the assessment of enterprise value is to determine the acquisition price,based on the value of a complete evaluation system will help China and healthy development of mergers and acquisitions market.