Research On Risk Prevention And Control Of Chinese Construction Machinery Enterprises' Cross-border Mergers And Acquisitions

Under the background of economic globalization,the scale and quantities of Cross-border Mergers Acquisitions expanded fast.With China's promotion in international competition and the support of policy,more and more China's company started overseas investment and Cross-border Mergers Acquisitions.The influence of Financial Crisis and European Debt Crisis also bring opportunities and challenges for China's company.But with the impact of choose the improper strategy or Information Asymmetry or improper evaluate,there are much of failed cases on Cross-border Mergers Acquisitions.So,when the company begin to prepared for Cross-border Mergers Acquisitions.Recognize and control the probably risk,improve company's risk awareness,all of this measure are benefit for China's Cross-border Mergers Acquisitions and internationalization process runs smoothly,then promote the value and reputation of China's company.The thesis takes the method of theory and cases,also be divided to five depart.The first chapter is introduction,simply introduce the background and meanings of the thesis,also introduce the contribution and limit of the thesis.The second chapter introduced the theory of Cross-border Mergers Acquisitions.The third chapter introduced the main event in the process of China's Construction machinery industry.The forth chapter is analyzing the 2012 acquisition of Sany.The fifth chapter main introduced the enlightenment of the 2012 acquisition of Sany.