跨国并购的财务问题分析——以联想并购卢森堡银行为例.docxVIP

PAGE II PAGE II 跨国并购的财务问题分析——以联想并购卢森堡银行为例 摘要 随着我国在“走出去”、“一带一路”的倡导下以及经济贸易全球化程度不断加深，跨国并购逐渐成为了企业增强竞争力和扩大规模的一种手段。虽然跨国并购可能让企业在短时间得到核心技术和资源，先进的管理经验等各方面的优势，但也有失败的例子，比如吉利并购沃尔沃。所以跨国并购的前后过程会受到经济、政治诸多因素的影响 。因此在进行跨国并购活动的进行过程中,开展财务风险控制工作开展得到了较多管理者的认可。本文的开篇对跨国并购的研究意义，背景以及研究思路和方法进行简短的介绍,同时归纳总结了国内外相关文献。介绍并购过程中常见的财务风险类型理论和成因。紧接着文中说明联想并购卢森堡银行的基本情况，从并购前的准备到并购中遇到的问题,主要是各种财务风险应对,再到并购后的合并财务报表数据进行分析，并对并购后的绩效效果作出了评价。最后结合提高我国企业跨国并购成功率，提出相应的解决措施来处理跨国并购财务问题。 关键词：跨国并购；财务风险类型；卢森堡银行  Analysis of financial problems in cross-border mergers and acquisitions ——Take lenovos acquisition of Luxembourg bank Abstract With the promotion of going global and One Belt And One Road and the deepening of economic and trade globalization, cross-border mergers and acquisitions have gradually become a means for enterprises to enhance their competitiveness and expand their scale. Although cross-border mergers and acquisitions can give enterprises advantages in core technologies, resources, advanced management experience and other aspects in a short period of time, the process of cross-border mergers and acquisitions is not smooth and will be affected by a variety of factors. Therefore, in the process of cross-border mergers and acquisitions, financial risk control has been recognized by many managers. At the beginning of this paper, the research significance, background, research ideas and methods of cross-border mergers and acquisitions are briefly introduced. At the same time, relevant literatures at home and abroad are summarized. This paper introduces the theories and causes of common financial risk types in the process of merger and acquisition. Then the paper describes the basic situation of lenovos merger with Luxembourg bank, from the preparation before the merger to the problems encountered in the merger, mainly the response to various financial risks, to the analysis of the consolidated financial statement data after the merger, and the evaluation of the performance after the merger. Finally, combi