Research On Identification And Control Of Merger And Acquisition Risk Of BSZX Company

In the current period,mergers and acquisitions between enterprises continue to occur frequently.Especially from 2009 to now,large-scale M&A activities between enterprises in China continue to emerge.Under the premise that the domestic consumer market is becoming more and more mature and perfect,due to the change of customer demand and the increase of competitive pressure in the enterprise industry,the M&A activities between enterprises will continue to increase in the foreseeable time in the future.The main purpose of M&A is to absorb the core competitive advantages and technologies of other companies,to obtain upstream and downstream resources,to achieve economies of scale,to achieve business transformation and so on.Although M&Aactivities can produce a lot of benefits,but at the same time,M&Aactivities are also a high-risk investment activity.Because of the existence of M&A risk,there are many cases in which M&A activities fail and even make M&Aenterprises fall into various crises,so it is particularly important to analyze M&AriskandcontrolM&AriskinM&Aactivities.In view of this,this paper will take the case of BSZX company merger and acquisition of BSKJ company as an example,on the basis of the relevant theories and research results at home and abroad,combined with the actual situation of M&A case,from six parts to study the merger and acquisition risk of BSKJ company case of BSZX company,and put forward the corresponding control measures.The first part is the introduction of this paper.The second part is which mainly introduces the definition of related concepts and theories such as M&Aand M&Arisk,which provides the theoretical basis for this paper.The third part is which introduces the situation of BSZX company mergers and acquisitions.The fourth part is from the target enterprise value evaluation and information asymmetry risk before M&A,the financing and payment risk in M&Aactivities,and the risk in the process of integration after M&A,to identify the risks in different stages of M&A.The fifth part of the paper,through the comprehensive analysis of the risks in BSZX company M&A activities,puts forward the control measures of M&A risk according to different stages and types of M&A risk;thesixthpartsummarizesthefulltextandputsforwardtheconclusion.