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Enterprise Overseas M&a Financial Risk Control Research

Posted on:2019-04-26Degree:MasterType:Thesis
Country:ChinaCandidate:X D WeiFull Text:PDF
GTID:2392330572994923Subject:Accounting
Abstract/Summary:PDF Full Text Request
Overseas mergers and acquisitions is a success rate is not high in mergers and acquisitions way of m&a in our country,the overseas mergers and acquisitions investment huge but fail too many,faced by companies trying to overseas mergers and acquisitions of financial risk is very big,and the cause of the above phenomenon has a lot of,such as the study of transnational m&a in China started late,less experience,analysis of shallow,like the developed countries is not enough to form a complete set of overseas m&a risk prevention and control system for enterprises to learn from.Therefore,China pays more and more attention to the analysis and research of financial risk prevention and control of overseas m&a,which is also a problem that many experts and scholars like to discuss and study in depth.This article is by the example of Qingdao haier m&a American ge tried to probe solutions company in the cross-border m&a in China are facing what kind of financial risk,and what is the cause of the financial risk,to prevent risks and what are the general measures and deal with experience,to improve their overseas m&a risk control ability of our country company provide helps for meaning,make it no longer blind expansion of mergers and acquisitions,cross-border mergers and acquisitions to achieve success at an early date.In this paper,the Chinese firms cross-border m&a financial risk has carried on the simple summary and summarized,and the general use of haier m&a the actual case to analysis deeply and in detail all the happening of the risk and impact of the company.This paper mainly adopts the method of theoretical summarization,stating and enumerating the statements and conclusions of experts and scholars in order to provide a framework for later case analysis.Then this paper use event study the cause and effect of systematic scientific research is the whole of the case,a survey of American general,Qingdao haier m&a at first by general haier m&a risk identification through clue,again from the response of haier,combined with data analysis,the feasibility and the advantages and disadvantages of the risk control measures.It is hoped that starting from this analysis method can make this paper more detailed and convincing,and then can provide other companies in China's household appliance industry with expert Suggestions and opinions.The main contributions of this paper:first,the theoretical basis of financial risk of overseas m&a is summarized and sorted out,which lays the foundation for the analysis of this m&a.Secondly,firstly identify the financial risk of haier's acquisition of general motors,then summarize and evaluate the risk control measures it has made.Third,integrate and compare the valuation,financing and integration methods of Qingdao haier and the differences and connections between the us.Fourth,the paper makes full use of all kinds of Numbers to rich content of the whole case,the case has credibility,and carefully analyzed the haier in the acquisition of a variety of threats such as financing risk,payment threat,and so on,and proposed the corresponding rationalization proposal in order to for reference and draw lessons from the general household appliance enterprises.
Keywords/Search Tags:overseas M&A, financial risk, risk management
PDF Full Text Request
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