Research On Risk Recognize And Control Of Home Appliance Manufacturers' Overseas Mergers And Acquisitions

In the context of China's rapid economic development,people's consumer demand and consumption levels are increasing.Coupled with a series of favorable policies on foreign investment issued by the regulatory authorities in recent years,overseas mergers and acquisitions of Chinese enterprises have also entered an unprecedented heyday.Among the enterprise teams actively involved in expanding mergers and acquisitions,home appliance manufacturing is one of the best.However,although overseas mergers and acquisitions can bring great benefits to enterprises,due to the irregular operation of some enterprises,the blindness of investment,the integration work of late failures,etc.,these will make the merger and acquisition of enterprises less than expected.Whatever the desired result,it will lead to financial risks and financial crisis.Therefore,in the process of overseas mergers and acquisitions of enterprises,how to effectively identify and control financial risks has become a difficult problem that enterprises need to solve today.This paper selects the case of Midea Group's acquisition of German KUKA robot as the research object.Under the premise of understanding the basic situation before and after the merger and acquisition,the motivation and background of the merger,the combination of qualitative analysis and quantitative analysis is used first.The financial risks of different stages in the merger were analyzed.Secondly,relevant theories were used to analyze and evaluate the identification and control of Midea Group in this M&A risk.Finally,some problems and shortcomings of Midea Group in this process were put forward.Targeted recommendations: In terms of value assessment risk,multiple methods should be used to make a reasonable assessment;in terms of financing risks,financing channels should be increased;in terms of payment risk,mixed payment methods should be used in combination with multiple payment methods;Should pay more attention to the post-merger work,break the isolation,improve their integration ability,in order to achieve the synergy effect of mergers and acquisitions.This paper puts forward some suggestions after analyzing the identification and control of financial risks in the case of Midea in the case of this merger,and hopes to provide some inspiration for the related mergers and acquisitions in the future.To achieve the goal of helping similar companies to further improve the identification of financial risks and enhance their ability to resist risks.