企业并购的财务效应分析.pdfVIP

企业并购的财务效应分析 摘 要 随着整个世界济一体化进程的不断加深,企业并购作为壮大企业规模,扩 企业资本的一种有效途径。国内外学者通常认为企业并购活动是企业通过采取企 业兼并活动、企业收购活动、企业合并活动等来实现企业扩大市场份额,提高企 业综合实力等目的的手段,它同时也是企业进行产业调整与升级,实现企业资源 优化配置的有效手段。本文是在阅读了企业并购的财务效应分析、企业并购的财 务效应综合评价的探讨等相关文献后，采用比较分析法、规范研究法、定量分析 法并以阿里巴巴并购高德软件为例进行财务效应分析，主要对两家公司并购前后 的流动资产、流动负债、营业收入、成本、利润、可持续发展能力这六个方面进 行全面论述，并且对并购中的存在的问题提出全面的对策。 关键词：并购；财务状况；财务效应分析 I Analysis of financial effect of merger and acquisition Abstract With the deepening of global economic integration, merger and acquisition is an effective way to expand the scale and capital of enterprises. Domestic and foreign scholars generally think of merger activity is the enterprise by adopting enterprise merger and acquisition of business activities, activities, enterprise merger activities to achieve enterprise to expand market share, improve enterprise comprehensive strength, such as the purpose of it is also industrial adjustment and upgrade of enterprise, is the effective means to realize enterprise resource optimization configuration. This article is in reading the financial effect analysis of merger and acquisition, the financial effects of mergers and acquisitions after the comprehensive evaluation to explore related literature and adopting comparative analysis, specification method, quantitative analysis and Scott software as an example to alibaba ma effect of the financial analysis, main before and after the merger of two companies operating ability, debt paying ability, profitability and development ability, the tax effect, the cost of capital effect it comprehensively discusses six aspects, and existing problems put forward comprehensive counterme