我国企业跨国并购中的风险分析和防范.pdfVIP

Abstract In recent years，a tide of transnational MA of Chinese enterprise is surging all around China．Through transnational MA，Chinese enterprise can quickly enter the international market，and participate in the resource assignment of the global market， and thus get larger economic and trade benefit．But for there are lots of risks during the transnational MA，and parts of our enterprise lack experience of international investment，the ratio of Success is poor．After the analysis of risk and motive of transnational MA of Chinese enterprise，this paper put forward a fuzzy overall evaluation method of risks in transnational MA of Chinese enterprise，then find measures to against the main risks and give some suggestion for the Chinese government． This paper has five parts． The first part is on the countermeasures taken by the enterprise and the law system for supervising and managing established by the government both in the west countries and in China． The second part analyses the motive of transnational MA，then find the reasons why Chinese enterprise choose transnational MA．The main reasons are based on the thinking of strategy and financing．Besides，changes in macro environment and law both abroad and inland are other factors． The third part uses two different methods to classify the risks that may be in the transnational MA of our enterprise．Then it conducts a fuzzy overall evaluation measure tO analyze the risks and find out the main risks exist in the transnational MA of Chinese enterprise． The fourth part analyzes the countermeasures of the main risks such as law risk， financing risk，price drawing risk and cultural integration risk，And also some policy advices for our government are given． The fifth part summarizes the main achievements this paper has gotten． Key words：Transnational MA Risk evaluation IJ Risk Prevention of risk 第一章绪论 第一章 绪论 1．1研究的目的和意义 “Now ChinaIs Buying American”(中国正在收购美国)——这是美国《财 富》杂志2001年9月号一篇文章的标题。 《财富》杂志之所以有这样的评价，缘于中国浙江一家民营企业在美国的一 起跨国并购：2001年9月14