The Research Of HC Company's Successful Acquisition Of KD Company's Financial Risk Control

In recent years,due to the accelerated pace of economic globalization,the pressure of competition between enterprises is growing,in order to be eliminated in the competition,companies will have to find ways to improve market share,in order to seize the market,gain competitive advantage.In order to achieve this goal,there are more and more enterprises to carry out mergers and acquisitions,therefore,corporate mergers and acquisitions can be said to be to the blowout period.With the ups and downs of mergers and acquisitions,more and more enterprises to join the wave of corporate mergers and acquisitions,China's cultural media industry,asset mergers and acquisitions and integration is also in a fast lane.In order to implement the strategic plan of the CPC Central Committee on the cultural reform and development,the state has accelerated the promotion of China's cultural media industry as the pillar of China's national economy and has invested many special funds in succession.At the same time,the state in order to promote the development of China's cultural media industry,have introduced a series of new policies,in recent years,in the national policy of strong support,China's cultural media industry has been steady development.China's cultural media industry,the scale of output,growth and organizational structure have undergone great changes.It can be said that the development of cultural media industry is getting better and better.Therefore,this paper chooses the cultural media industry mergers and acquisitions as the main research object.However,there are some risks in the large-scale M & A,and the financial risk of M & A runs through the whole process of M & A,including pre-pricing risk,medium-term financing risk and payment risk,and later financial integration risks.Any kind of financial risk is not let us ignore.The control of M & A financial risk is the key to determine the success of M & A,a little carelessness,may lead to all lose.Therefore,only effective to do the appropriate financial risk prevention and control measures in order to ensure the success of mergers and acquisitions.This paper chooses the acquisition risk of M & C company as the research object,analyzes the financial risk and the corresponding risk prevention from the perspective of the pricing risk before the acquisition,the financing and payment risk in the M & A and the financial integration risk after M & A.Control measures.Firstly,it introduces the research background,the significance of the research,and the research status at home and abroad.Secondly,it introduces the concept,type,the motive of M & A,the concept of enterprise financial risk,the type of risk and the causes of financial risk of M & A.Thirdly,the case of merging KD company of HC company is introduced,and their M & A background,M & A motive,M & A process and M & A result are analyzed,and the financial risk of M & A before and after M & A and the corresponding risk prevention and control measures are analyzed The Finally,through the analysis of this paper,a revelation is made,and the corresponding financial risk prevention and control should be done to ensure the smooth progress of M & A.In this paper,the analysis of the financial risk of the acquisition of KD company by HC company has provided some reference for the mergers and acquisitions of other enterprises,and also helped to improve the success rate of M & A.