Financial Risk Analysis Of S Company Conducting Cross-border M&A To M Company

With the deepening of China's reform and opening-up process,the internationalization of the deepening of the enterprise "going out" strategy continues to advance,a large number of enterprises which want to get rapid,development and improve international competitiveness,have mergers and acquisitions.Also a great number of cases show that there are a lot of risks in the process of M&S,such as political risk,legal risk,integration risk and financial risk.The biggest risk is financial risk,which is also the key to the success of M&S.Therefore,how to achieve the desired strategic objectives and avoid the financial risks brought by the process of mergers and acquisitions,as the future of enterprises to an important part of globalization is very important.This thesis firstly introduces the background and research status quo of cross-border M&A,and explores the problems that appear in the process of M&A in the both chinese and foreign enterprises.Then,it gives a detailed overview of the types of corporate M&A financial risk as well as the analysis model for assessing the MNC financial risk,and summarizes the countermeasures against the different financial risks of cross-border mergers and acquisitions.Secondly,it analyzes the related background of Company S's cross-border mergers and acquisitions with M,focusing on the various types of financial risks arising from the Company's cross-border mergers and acquisitions.Based on the combination of S Company's financial Data,the financial risk before and after cross-border M&A of Company S was evaluated by Z-value model,and the result of financial risk increase after cross-border M&A obtained.Then,the thesis uses AHP-GRAM model to rank the influencing factors that affect the financial risk of cross-border mergers and acquisitions.Combined with the weight coefficient of financial risk influencing factors,the financial influencing factors with greater impact are obtained.Then,combining with some major financial data of Company S in recent years,it verifies the effectiveness of Company S's measures against the financial risks appearing in the process of M&A.Finally,it summarizes all the measures taken by S Company to address the financial risks.Based on the case of cross-border mergers and acquisitions of Company S,S company put forward effective precautionary measures according to the high-risk financial impact factors obtained from the research and analysis,So that it can reasonably circumvent the various financial risks arising in the M&A process.