Research On Financial Risk Management Of Qingdao Haier's Acquisition Of General Electric Appliances In The United States

In today's society,the door of economic globalization has been opened.More and more enterprises are no longer satisfied with the domestic market and want to enjoy the scenery of the international market.With the emergence of mergers and acquisitions,enterprises have found the way to quickly develop the market.However,throughout the history of MERGERS and acquisitions,the success rate of overseas mergers and acquisitions is not high,and the failure of domestic mergers and acquisitions is often reported,which indicates that this method is not stable,the source of instability is a lot of risks,among which financial risk is the main research objective of this paper.This paper takes Qingdao Haier's acquisition of American General Electric appliance business as an example,analyzes a series of measures taken by Haier in the acquisition,and summarizes the inspiration for financial risk control countermeasures.In this paper,financial risks are divided into three stages and four kinds of risks according to the process of merger and acquisition: pricing risks exist in the planning stage before merger and acquisition;There are financing risks and payment risks in m&a;There are integration risks at the end of m&a.Based on the four kinds of risks,this paper analyzes the identification,causes,control measures and effects of risks by referring to relevant materials,and lists a large number of data to illustrate the risks.Finally,the corresponding enlightenment is proposed.For example,enterprises should formulate development strategies scientifically,comprehensively consider internal and external environment and financial status,choose reasonable payment methods to spread financing risks,and conduct integration according to their own actual situation,hoping to provide certain reference value for other enterprises.