中国企业跨国并购战略思考.pdf

Abstract: Cross·border M& New F0m1 ofInvestment Toward the Outside Also One of the Most Important FOmls ofForeign Direct Investment (FDI).With the Progress ofGlobalization ing Faster and Faster and Chinese Enterprises ing Larger and Larger,More and More Enterprises Have Begun toImplement Cross—border M&A as the New Strategy ofFDI and International Market Exploration,After Over 20 Years ofRapid Economic Development and Market-oriented Transform, Some Conditions of Cross—border M&A Have Been Cultivated inChina iSthe Trend for Chinese Enterprises toPromote International Strategy by Cross-bo雨er M&A. But atPresent。This Practice StillShows Evident Characteristics ofTriaIand LieinRigidRegulations and Lagging-behind Financial Reform inthe Macro Respect。and inInsufficientStrategic Planning as well as M&A Experience in the Micro the Present Starting Stage of Cross—border M&A Initiated by Individual Enterprises。the Cases are Determined and Implemented by Them This &A Decision are Lacking ofStrategic Concerns on the Micro There is not Enough Research 0n the Status ofCorporate M&A inboth National Economic Development Strategy and Corporate Development Strategy,on How toAvoid the Risks and Develop Healthily, the Topic Selected isof Great Realistic Importance. This Article Includes 5 Parts The First Part Introduces that C:hinese Corporate Cross—border M&A isDeveloping Rapidly,but Many Problems are Exposed inthe Process of“Going Outside the Country”,SO Study on Chinese Corporate Cross—border M&A Strategies isof Active Realistic Significance; the Second Part Describes the Current Status and Characteristics of Chinese Corporate Cross—border M&A,Including the Main Causes,Natures,Main Bodies,Forms,Involving Industries,Finance Channels,etc.:in the Third Part, the Key Problems Existing inCorporate Cross—border M&A Process Home and Abroad on both Macre and Micro Levels are Summed up;in the Foudh