Research On The Financial Risk Identification And Control Of Bright's Cross-border Merger And Acquisition Of Vidomec

Since the reform and opening up,the scale of domestic enterprises has gradually developed under the support of the government,and the phenomenon of mergers and acquisitions has become a common phenomenon in China.With the development of enterprises and the expansion of various businesses,some enterprises will conduct cross-border m&a activities.Transnational mergers and acquisitions need to take into account the differences in economic policies,social environment and legal regulations between countries.These differences will bring huge risks to the cross-border m&a of enterprises.The most important concern should be financial risk.If there is a financial risk in a certain link,it may lead to the loss of transnational activities.In terms of China's actual situation,some enterprises are not very concerned about the financial risks in cross-border m&a activities,which will undoubtedly lead investors to overestimate the actual value of the acquired enterprises.At the same time,the payment method has certain influence on the transnational merger and acquisition.If the enterprise chooses the unreasonable payment method,it will increase the investment cost.If the financial situation of the acquired enterprises is not sufficiently understood,it will cause the investment enterprises to take unnecessary debts after the actual holding enterprises,so that the investment costs of the enterprises will be further increased.This paper takes the case of bright merger and acquisition of vidomai as an example and analyzes and studies the identification and control of financial risks in cross-border merger and acquisition activities.This paper mainly includes the following contents: chapter 1 introduction,mainly elaborates the research background,domestic and foreign research status,research methods and framework;The second chapter is a theoretical overview of financial risk.The third chapter studies the financial risks and control methods of transnational mergers and acquisitions in China.The fourth chapter takes the bright merger case as an example to study and analyze the financial risks and control in different stages of the merger process.In the fifth chapter,the author draws relevant enlightenment on the risk control of the case itself,so as to serve as a reference for the cross-border m&a of Chinese enterprises.In the end,the article is summarized and analyzed.It is hoped that the research and analysis of this paper can be used as a reference for Chinese enterprises' cross-border m&a.