H Corporation Consolidated Financial Investigation Research And Control Strategy Research

With the development of the national economy,enterprises are seeking new development paths.Enterprise managers are increasingly choosing to achieve economies of scale through mergers and acquisitions,and use this new way to achieve rapid growth of benefits.However,there are many examples of mergers and acquisitions failures at home and abroad.These are largely due to the financial risks in mergers and acquisitions,so it is important to deal with the financial risks in mergers and acquisitions.This paper uses the literature research method,case analysis method,qualitative and quantitative combination method to analyze the financial risk in mergers and acquisitions in the specific case of H company M&A T in the household appliance industry,trying to find a strategy to control the financial risk of M&A.In the theoretical research part combined with domestic and foreign literature,the types of mergers and acquisitions,the types of financial risks of mergers and acquisitions,and the motivations of mergers and acquisitions are explained.In the case analysis part,the financial risks of H company in the process of acquiring T company are analyzed in detail.Through the analysis of financial data of two companies,it is found that there are valuation risk,financing risk,payment risk,integration risk,and then find financial risk.Control strategy.Through analysis,it is difficult for enterprises to prevent financial risks in M&A activities,and only through some means to reduce financial risks:(1)Valuation risk: innovative evaluation methods can be established,and a reasonable evaluation system can be established to reduce errors and rational use of finance.Reports,adequate financial staff,and more reasonable value assessment methods.(2)Financing risk: the choice of appropriate financing methods,the establishment of the best capital structure,and the financing support of financial institutions such as banks.(3)Payment risk: It is necessary to choose the appropriate payment method,and choose the payment method according to the company's own situation,and establish a scientific financial early warning system.(4)Integration risk: mainly the integration of financial activities in the later stage of mergers and acquisitions,not only pay attention to the integration of financial structure and financial system,but also pay attention to the integration of financial personnel.Finally,I hope that by supplementing the experience of China's corporate mergers and acquisitions with this case analysis process and the proposed measures and conclusions,we can provide some help and reference for later enterprises.