并购中企业价值评估的风险研究——以广汽集团为例-research on the risk of enterprise value evaluation in mergers and acquisitions - taking guangzhou automobile group as an example.docxVIP

并购中企业价值评估的风险研究并购中企业价值评估的风险研究IIIIAbstractMergers and acquisitions at home and abroad are very hot, It can not be achieved through the acquisition of companies, such as a variety of synergies. The foreign acquisitions behavior of earlier, compared to our country is more mature. chinas mergers and acquisitions took place in late, however, the rate of development, much faster than foreign, fast does not equal maturity, the M A market is still underdeveloped, mergers and acquisitions both asymmetric information, also to the Lord and bring a lot of risk, such as mergers and acquisitions, the two sides agreed acquisition price risk, the risk of asymmetric information, the risk of M A corporate Valuation Methods. On the Lord and the business perspective, these risks are in need of special attention, The success of the M A and M A risk analysis is relevant, how to minimize the risk in the mergers and acquisitions is the main and enterprise analytics, This article by the automotiveindustry in the cases related to the unique M A risk analysis。The paper is divided into six parts, the first part is the introduction, Introduction The purpose of this article and research at home and abroad. The second part of M A related theory. Elaborated the merger meaning, the meaning of the M A business valuation and mergers andacquisitions in corporate valuation method Introduction，constitute the third part of the M Abusiness valuation risk, including the risk assessment methodology selected, information asymmetry risk and M A integration risk. The fourth part is divided into M A case study of corporate valuation risk - Guangzhou Automobile Group, for example, Analysis of the main and enterprise and corporate overview, background and reasons Convertible absorption and GAC Group corporate valuation risk analysis. The fifth part of the Guangzhou Automobile Group in the mergers and acquisitions business valuation risk prevention measures.Part six Conclusions and Implications.In this pa