Research On Financial Risk Control Of Haier Group's Acquisition Of General Household Appliances

Since the 21 st century,economic globalization and the resources and developing and advancing of globalization,the enterprise in the domestic market competition becomes increasingly fierce,and countries also support enterprises "go out" to seek overseas development,such not only can learn the advanced production technology and management experience of others,also can open up overseas market resources,reduce the domestic pressure of competition,while the cross-border m&a has become a very important for the enterprise to develop the method.In recent years,Chinese enterprises actively participate in this transaction activity,and the number of transactions is increasing.However,in recent decades,Chinese enterprises have begun to gradually invest in overseas M & A activities.The time of emergence is relatively short,and there are not many transactions of the same type that can be referred to,which makes our success rate of cross-border M & a not too high.The reason is that Chinese enterprises do not know and control the risks in place.Risks are ubiquitous in M & A activities,especially the occurrence of financial risks,which will obviously lead to the failure of transactions,and a little carelessness is likely to make the experience of enterprises fall into crisis.Therefore,enterprises must improve their ability to identify financial risks,and also have targeted control and prevention.If necessary,they should establish a risk early warning mechanism,find problems as early as possible,solve problems,so that enterprises can really get development opportunities from M & A.This is the core of this paper.This paper takes Haier Group's merger and acquisition of general household appliances as an example,through the reading and research analysis of relevant literature and basic theories,aiming at the financial risk control of Haier Group in the merger and acquisition activities.First of all,it uses the combination of qualitative and quantitative methods to analyze and calculate,to identify and evaluate thefinancial risks faced by the enterprises in the case,then it analyzes how Haier Group takes effective measures to control its financial risks,and finally puts forward its own suggestions on how to prevent financial risks in M & a.From the research results of this paper and the results of this transaction,Haier group has a good grasp of financial risk control and effective control measures in this M & a transaction,and finally makes this transaction successfully completed.After a series of analysis and research,I have completed this paper,hoping to provide some reference for the enterprises that will carry out cross-border M & A in China.