Asset Appraisal In Merger, Acquisition, And Reorganisation

Along with foundation of market economy and development of joint-stock economy, there are lots of merger, acquisition and reorganization in China enterprises. It has great effect in adjusting existing social resources, optimizing industry structure, improving efficiency of resources collocation and helping China enterprises jointing in global economy.Asset appraisal is an important part in corporation action, such as merger, acquisition and reorganization. It not only provides reference to acquiring company and acquired company, but also acts as base of successful M&A and reorganization. Asset appraisal is in the initial stage in China, so it has practical meaning to discuss asset appraisal in M&A and reorganization.The article has five parts. The first part is preface. The second part is review of the history of M&A and reorganization in China. The third part describes asset appraisal function, process and method in M&A and reorganization. The fourth part describes asset appraisal problems from legislation, management and practice in M&A and reorganization. The fifth part describes how to enhance the quality of asset appraisal in M&A and reorganization. The sixth part is conclusion.