The Study On Risk Analysis And Countermeasures Of Chinese Enterprises M&a

Since the half of 2008, the financial crisis which spread from the United States to the world has brought a huge impact to China's foreign direct investment. With the financial crisis, how to make state-owned enterprises maintain a good momentum of overseas mergers and further develop, it makes a good sense for state-owned enterprises to expand foreign direct investment and strengthen the nation's foreign economic relations and promote China's economic development, enhance the status of our country in the international economy. As the cross-border mergers and acquisitions of Chinese enterprises are still at an early stage, it lacks of cross-border mergers and acquisitions of relevant experience seriously. Hence it needs to analysis the various risks in the course of and put forward a specific way to China's enterprises cross-border M &A.The central idea of this paper is based on the risk of cross-border M & A theory as a starting point, through the depth analysis cases of Rio Tinto Aluminum, summed up risks of our country in the process of cross-border M & A, on the national policy and sum up some responses and suggestions to the theory.This paper is divided into four parts. The first part is an introduction mainly introduced the research background and significance of this article, the domestic and abroad studies, the research mentality and the research methods, and noted the article innovation and the deficiency. The second part is the cases of the acquisition of Rio Tinto Aluminum detailed briefing. First introduce the case of Rio Tinto Aluminum acquisition chronologically; followed by acquisition of Rio Tinto Aluminum summary of experiences and lessons of failure, with a brief case in front of the reader can make the lessons learned presented in this paper resonate. The third part is the risk analysis arises out of acquisition of Rio Tinto Aluminum Case analysis. This is the focus of this article. Analysis is divided into two parts: first part is the main objective of conducting cross-border mergers and acquisitions in China may experience the risks, combined with other examples of basic theory and method of analysis of these risks making it more convincing, and the second mainly through the data model of the proposed qualitative and quantitative risk analysis to conduct risk analysis in support of those there is a realistic value. The fourth component is some countermeasures and suggestions to the cross-border mergers and acquisitions of Chinese companies. Mainly from the perspective of the government and enterprises two proposals, hoping to right our country is preparing to carry out and plan to conduct cross-border mergers and acquisitions business help, and attract valuable opinions.