中国企业跨国并购财务风险分析与防范以青岛海尔跨国并购通用电气为例.pdfVIP

内容摘要 在经济全球化过程中，企业并购已经是一种很常见的财务活动。 许多企业和集团为了扩大自己的生产规模以及走向国际化，去借鉴前 人的经验进行企业跨国并购。本文选取的案例是青岛海尔跨国并购GE 通用电气的案例，这个案例目前为止是中国家电行业中最大的一个海 外并购案例，所以它有一定的代表性。本文分析了企业并购中财务风 险的定义、特征、内容及其原因，介绍了青岛海尔公司 GE 通用电 气公司的背景，分析了青岛海尔并购 GE 通用电气的过程和动机，通 过财务报表和利用财务风险评价指标分析了青岛海尔公司的财务风 险，还利用四个角度分析了青岛海尔公司并购 GE 通用电气过程中的 财务风险，最后是有关我国企业跨国并购财务风险的防范措施。 关键词：跨国并购 财务风险 价值评估 融资 Abstract In the process of economic globalization, M amp; A is a very common financial activity. In order to expand their production scale and internationalization, many enterprises and groups use the experience of predecessors for reference to carry out cross-border M amp; A. The case selected in this paper is the case of Qingdao Haiers cross-border M amp; A of GE General Electric. This case is by far the largest overseas M amp; A case in Chinas home appliance industry, so it has certain representativeness. This paper analyzes the definition, characteristics, contents and reasons of financial risk in enterprise merger and acquisition, introduces the background of Qingdao Haier and Ge Ge, analyzes the process and motivation of Qingdao Haiers merger and acquisition of Ge, analyzes the financial risk of Qingdao Haier through financial statements and financial risk evaluation indicators, and analyzes Qingdao Haier from four perspectives In the process of Ge M amp; A, the financial risk of Ge M amp; A is the last step to prevent the financial risk of cross-border M amp; A of Chinese enterprises. Keywords: Cross-border M A Financial risk value assessment financing 目录 1 绪论 1 1.1 选题的意义与目的1 1.2 文献综述1 1.2.1 跨国并购风险形成的因素1 1.2.2 基于融资风险、价值评估风险、支付风险评估财务风险.1 1.2.3 基于企业跨国并购文化整合模式研究财务风险1 1.3 研究现状2 1.3.1 国内研究现状2 1.3.2 国外研究现状2 1.4 创新思路2 2 中国企业跨国并购财务风险分析 2 2.1 跨国并购财务风险的含义2 2.2 跨国并购财务风险的特征3 2.3 跨国并购财