On The Foreign Capital Merger And Acquisition Of Chinese Enterprises

Since China's reforming and opening to other countries, introducing foreign capital is always an important way of developing our enterprises. However, as a significant part of FDI, the capital of M&A is not completely utilized by Chinese.This thesis concentrates on the main idea that foreign capital merges and acquires Chinese enterprises. It analyzes the probability, the pattern and the channel of inflow of foreign capital for M&A, and through dialectically analyzing advantages and disadvantages of M&A, conies to the conclusion that we should actively cultivate the market of M&A in China, and draw support from foreign capital for M&A to motivate the rapid development of Chinese enterprises.The framework of this thesis is following:Part one: analyzing the main motive and the backgrounds of international M&A, expounding the trends of it through taking the American history of M&A as an example, and the explorations of international M&A theories provide the basis for utilizations of foreign M&A capital to develop the Chinese.Part two: differentiating in details the various motives and patterns of which foreign capitals of M&A enters Chinese market, and pointing out it is necessary for Chinese enterprise to differentiate potential and present foreign capital of M&A according to its own needs.Part three: assuming logical analysis methods, starting with the necessity for Chinese enterprises to utilize foreign capital of M&A, considering the effects of M&A capital to economy and society of China, putting emphasis on the flexibility for Chinese enterprises to develop impetuously with using foreign capital of M&A, and some present problems in utilizing M&A capital. Then coming to the conclusion of this essay: chapter ten, which discussing how to construct advantageous environment for Chinese enterprises to develop with using foreign capital of M&A.