Research On The Financial Risk Of Lianchuangzhirong Enterprise Merging With Runhe Software Enterprises

From the beginning of 2009 to the present,large-scale mergers and acquisitions continue to emerge.Customer demand and competitive pressure,as well as the maturity and perfection of domestic capital market,domestic software enterprises 'mergers and acquisitions cases will continue to increase.Mergers and acquisitions have become an effective way to absorb the core knowledge of other organizations,expand market share,improve competitiveness and economic benefits.At the same time,mergers and acquisitions are also a kind of high-risk investment activities,in which the financial risk throughout the mergers and acquisitions activities is particularly important.There are many cases where the financial risk leads to the failure of mergers and acquisitions and even causes the enterprises to fall into crisis.Therefore,how to prevent financial risk in mergers and acquisitions has been paid more and more attention by enterprises and academia.In view of this,this paper will take the case of Runhe software merger and Lianchuangzhirong as an example,based on relevant theories and research results at home and abroad,combined with the actual situation,from four parts to study the financial risk of the case of Runhe software merger and Lianchuangzhirong.The first part is the first chapter.The second part is the second chapter,which mainly introduces the definition of the concepts related to enterprise merger and financial risk,relevant theoretical basis,as well as the characteristics,motivation and financial risk of software enterprise merger and acquisition,and provides the theoretical basis for this paper.The third part is chapter 3 and chapter 4,this part from embellish and software successfully m&a league background analysis,from mergers and acquisitions of embellish and software successfully united harmony exists in front of the target enterprise value evaluation of mergers and acquisitions,financing and payment risk in mergers and acquisitions,financial integration after the merger risk,analyzing these three aspects to research the impact of the risk of mergers and acquisitions and the causes of these risks,financial risk preventioncountermeasures are put forward;The fourth part is the conclusion and prospect of this paper.