Risk Analysis Of M&A Valuation Under Environmental Uncertainty

With the rise of the world's sixth wave of mergers and acquisitions,mergers and acquisitions activities of various countries are growing,mergers and acquisitions of the transaction size is also growing.In the 1980s,Chinese enterprises began to carry out mergers and acquisitions activities,although the beginning of a late,but the development is very fast,the impact of economic and social development is more profound.Mergers and acquisitions in mergers and acquisitions of mergers and acquisitions in M&A activities is the basis of M&A activities,but also an important part of M&A activities.M&A valuation is a complex analysis and judgment process,involving a wide range of factors,whether the M&A enterprises to accurately assess the M&A has directly affected the success or failure of M&A activities.Based on the study of M&A valuation of M&A,environmental uncertainty is an important factor affecting M&A valuation.In the context of today's times,China's development environment has undergone enormous changes,China's enterprises are facing a high degree of environmental uncertainty,businessconditions and development are difficult to predict the value of the enterprise is also difficult to accurately assess,Which led to the risk of M&A valuation,which realistically requires us to study the environmental uncertainty in the enterprise M&A valuation risk prevention.On the basis of reviewing a large number of existing literature,environmental uncertainty and M&A valuation risk information,this paper analyzes the M&A valuation under the environmental uncertainty and the risk of M&A valuation,And put forward preventive measures according to the analysis,the theory and practice linked.This paper first introduces the environmental uncertainty,the value assessment and the risk of M&A valuation,and defines the related concepts.On the basis of understanding the theory,this paper introduces the basic situation of Jimui Mining M&A,and puts forward the thinking of M&A valuation risk under environmental uncertainty.This paper uses the case study method and the literature research method to analyze the acquisition case of Jinrui Mining M&A Mingli Chemical Industry.This paper introduces the envi'ronment and its uncertainty of M&A in China,and analyzes the impact of environmental uncertainty on M&A valuation risk.And then introduces the status quo of M&A valuation under environmental uncertainty,and analyzes the M&A valuation of Jindi Mining M&A from the three aspects of evaluation object,valuation method and evaluation institution.This paper focuses on the risk of M&A valuation under environmental uncertainty,analyzes the meaning and characteristics of the risk of M&A,and analyzes the causes and manifestations of the risk of M&A acquisition and acquisition.According to the analysis,the paper puts forward the preventive measures of the risk of M&A under the environmental uncertainty.This paper proposes to analyze the three stages of the M&A valuation.The first stage of the M&A stage should pay attention to the environmental factors.The role of a comprehensive pre-purchase survey to overcome the information asymmetry.In the second stage of M&A valuation,the valuation method of environmental variables should be selected,and a variety of valuation methods should be used to compare and improve the level of specialization of intermediaries.The third in the price negotiations for risk control.As the M&A involves many factors and uncertainties,coupled with their own level is limited,this perspective will continue to widen,while continuing to enrich the risk of M&A related content provides a reference.