Research On Risk Analysis And Prevention Of Chinese Enterprises' Overseas Mergers And Acquisitions

As a member of WTO,in today's socialist market economy,China's enterprises should be based on similar domestic enterprises,but also always guard against foreign enterprises to spearhead the market to the domestic.Based on this background,in order to keep pace with the globalization of the flow of production factors,China's enterprises look overseas markets,overseas mergers and acquisitions as an important way to enhance their productivity.However,the overseas M & A started late in China,and is restricted by many factors.In recent years,the pace of overseas mergers and acquisitions of Chinese enterprises continues to advance,and its cases are gradually increasing,but its success rate has been lower than other countries.Therefore,it is of great significance to analyze the risks existing in the overseas mergers and acquisitions of Chinese enterprises at present stage and put forward relevant preventive measures accordingly.This paper is divided into six parts.The first part of the introduction.Discusses the overseas mergers and acquisitions of enterprises Chinese research background and significance,research ideas and frameworks,research methods and innovations.The second part is the theoretical basis and literature review.Basic concepts of overseas mergers and acquisitions from the four aspects of the definition,types,characteristics,motivation etc..The third part,a detailed analysis of the development history,driving factors and development trend of overseas mergers and acquisitions of enterprises Chinese.The fourth part,the time between the stage of overseas mergers and acquisitions risk classification,and elaborates the different risk categories decision-making stage,stage,stage of integration of the transaction.The fifth part sets Sany Heavy Industry Co.,Ltd.acquisition Putzmeister as an example,the process of mergers and acquisitions and mergers and acquisitions in the basic situation of risk prevention measures and methods of analysis,and put forward the main drawbacks of us overseas mergers and acquisitions risk prevention,such as not to have a clear understanding of national policy guidance,lack of assessment of mergers and acquisitions,consumption the cost is too high,and the lack of scientific evaluation of integrated risk.The sixth part,based on the analysis of the case of overseas mergers and acquisitions,mergers and acquisitions overseas enterprises China preventive measures are proposed from the angles of macro and micro two.