Research On Financial Risk Control Of Urbaser In China Tianying's Cross-border M&A

In recent years,in order to optimize the allocation of resources and strengthen market positioning,Chinese companies have successively invested their strategic goals in overseas markets.Cross-border mergers and acquisitions have become an effective way for Chinese companies to open up overseas markets.However,while the number of cross-border M&A activities in my country is increasing day by day,the effects of many companies' cross-border mergers and acquisitions are not satisfactory.This is due to the fact that mergers and acquisitions are prone to overvaluing the target company,improper selection of financing channels and payment methods,and unsatisfactory integration after mergers and acquisitions.It can be seen that while cross-border mergers and acquisitions bring huge benefits to enterprises,they also bring risks that cannot be ignored.These risks will eventually be reflected in financial risks.In the process of mergers and acquisitions,once a company loses control over financial risks,it may cause cross-border mergers and acquisitions to fail to achieve the expected results,and even result in merger failures.Therefore,how to effectively identify and control various financial risks in the process of cross-border mergers and acquisitions,in order to maximize the effectiveness of cross-border mergers and acquisitions and realize the synergies of cross-border mergers and acquisitions is crucial for Chinese companies to better implement cross-border mergers and acquisitions.This paper selects China Tianying's cross-border M&A Urbaser as the case study object,to study its financial risk control in mergers and acquisitions.The article finds out the financial risks that may occur in the process of mergers and acquisitions through risk identification,focuses on analyzing the risk control measures taken by China Tianying for various financial risks in this process,and evaluates its risk control effect.The results show that China Tianying has adopted appropriate risk control measures to effectively control the financial risks in cross-border mergers and acquisitions.On this basis,we can draw relevant enlightenments on how companies should control financial risks in cross-border mergers and acquisitions.The research in this article has guiding significance for the financial risk control of Chinese enterprises' cross-border mergers and acquisitions.