康荣平：跨国并购胜利的七要素（国外英文资料）.docVIP

康荣平：跨国并购成功的七要素（国外英文资料） -- kang rongping, a researcher with the world economic and political research institute of the Chinese academy of social sciences Any country in the era of globalization, the enterprise must have a global vision, should understand where to obtain relatively cheap strategic resources, and enterprises to overseas mergers and acquisitions, must strategize as early as possible, to find the corresponding talent Nobel prize-winning economist George stigler once said: all the big companies in the U.S. are in some degree, some way of mergers and acquisitions grew up, almost no one large enterprises mainly rely on internal expansion. Foreign research institutions, however, a large number of studies have also shown, only three over ten of the large-scale mergers and acquisitions create value truly, in accordance with the different standard of successful mergers and acquisitions, mergers and acquisitions of failure rate between 50% and 70%. That is to say, mergers and acquisitions are not just the way businesses grow and grow, but also the most complex and risky strategic behavior, especially cross-border mergers and acquisitions. In recent years, more and more Chinese enterprises overseas mergers and acquisitions, success and failure cases, Chinese enterprises overseas ma should take what kind of strategy? What should be done? In response to these problems, Chinas new times interviewed kang rongping, a researcher at the world economic and political research institute of the Chinese academy of social sciences and the director of the worlds business research center. Strategic design based on vision and capability Chinas new age: is it the best time for Chinese companies to go overseas? Kang Rongping: since 2008, the next one or two years, which is during the financial crisis, there are two factors is good for Chinese enterprises to go overseas mergers and acquisitions, the first is the asset price is low, the second is political obstacles. In the past, C