A Study On The Risk Of Cross-Border M & A Of Enterprises

Since 2016,China's economic growth has slowed for five consecutive quarters.This means that over the past 30 years,China's foreign investment model has been facing the urgent pressure of the transition.The new normal form of economic development requires Chinese enterprises to become national "one side" strategy firm implementers,actively "going out",in the world to develop new markets,the allocation of high-quality assets,which opened the Chinese enterprises cross-border M & A long journey.However,cross-border mergers and acquisitions of the road is not smooth sailing,to face the political situation,cultural background,exchange rate fluctuations,economic control policies,differences in the law and many other external uncontrollable factors,therefore,the expected benefits of mergers and acquisitions are often lurking a huge risk.Compared to the Western developed countries accumulated hundreds of years of mergers and acquisitions experience and strong assets,Chinese enterprises have just started,mergers and acquisitions failed cases abound.Chinese enterprises in order to succeed "to the sea",need to learn from abroad has been operating a mature risk prevention measures.This paper intends to use the literature research and case study method to Wanda Group acquisition AMC as an example,discusses the characteristics of China's cross-border M & A risk prevention mechanism to establish the feasibility.The innovation of this paper is to study the risk of each phase of the acquisition of AMC in each stage of the Wanda Group to the subtle links,and conduct a point-to-point discussion on the Wanda Group's pertinent targeted risk response and use the corresponding accounting theory Explain.I hope that this as the beginning,the Chinese enterprises to pay attention to the risk of mergers and acquisitions,manage the risk of mergers and acquisitions,successfully enhance the success rate of cross-border mergers and acquisitions for Chinese enterprises to continue to participate in the global economic globalization to contribute.The innovation of this paper lies in the combination of Wanda Group's crossborder M & A AMC case and theory,and the risk of each stage of Wanda Group M &A is refined,and the information of Wanda Group is understood.And these risks and measures were point to point clear discussion.I hope that through the sum of the theory and the case summed up,enrich our enterprises to learn the risk of cross-border M & A material basis to enhance their ability to resist cross-border M & A risk.