Research On Strategy Of Chinese Private Enterprises' Cross-border Mergers And Acquisitions

Cross-border M&A, the new form of investment towards the outside world, is also one of the most important forms of foreign direct investment (FDI). With the accelerating process of economic globalization and China's private enterprises scale growing, despite the acquisition of the size of China's private enterprises are still unable to enterprises compared with the developed countries, but an increasing number of Chinese private enterprises began to cross-border M & As, opening up the international market new strategy. The purpose of the study is on international cross-border M & As strategy in the internationalization of China's private enterprises. In the article, the author made a more comprehensive analysis that international mergers and acquisitions environment of Chinese private enterprises, comparative advantages, and the mode of transnational mergers and acquisitions strategies and the risk made by a Chinese private enterprises cross-border M & As strategic choice.This paper is divided into five chapters. The first chapter is on paper of the key concepts involved, including cross-border mergers and acquisitions, the concept of private enterprises, domestic and foreign research trends and the paper on the main contents and methods. The second chapter introduces the history of the Chinese private enterprises cross-border M & As, and tells the risk of the private enterprises is most likely to encounter in mergers and acquisitions and risk prevention strategies accordingly. Then, it analyses the conditions, advantages and characteristics of cross-border M & As currently. The third chapter analyses the current Chinese enterprises cross-border M & As strategy models including motives, site selection, and selection of content industry and so on. The fourth chapter focuses on cross-border mergers and acquisitions of private enterprises in the development of strategies and options. The fifth chapter sums up a general analysis of integration strategy in M & As of Chinese private enterprises .The final conclusions raises Chinese private enterprises should have a clear acquisition strategy, besides, the principles include of starting with the difficulty, attending markets of developing countries, reasonable risk controlling and the realization of synergy integration in cross-border mergers and acquisitions.The innovations of this paper are: Chinese private enterprises are the subject of this issue. It prospects directly into the M & As strategy, which attempts to explore a universal features and provide some guide recommendations for following cross-border mergers and acquisitions of China's private enterprises to be successful.But there are also have some shortcomings, such as I put the only general elements in the SWOT analysis of Chinese private enterprises; there are so many strategic principles, methods and skills in M & As. In real world, private enterprises will also focus on M & A differences when private enterprises are faced with different circumstances so the paper failed to make this more systematic and comprehensive study. Of course, with the further development cross-border M & As of China's private enterprises, the risk in mergers and acquisitions and integration after mergers and acquisitions will be faced more new situations and new problems. Therefore, the study of the task should be dynamic and long-term, and be constantly improved with the development of practices.