关于企业并购论文.doc

关于企业并购论文
several group number, then with b ± a, =c,c is is methyl b two vertical box between of accurate size. 购是目前世界上最为活跃的企业交易和产权变动方式, 也是一项复杂的经济行为,它可以使企业在短时间内实现资本扩张,从而增强自身的核心竞争力。近年来,随着我国国民经济的迅速发展,越来越多的企业选择并购的方式来进行企业的规模扩张和延伸，但由于我国的资本市场存在一定的缺陷,加之我国资本运营起步较晚, 并购在理论、实践、市场环境等方面均不成熟,在并购过程中可能存在着一系列的风险问题，因此，对我国企业并购过程中可能存在的风险问题进行有效防范对策研究，对企业的发展和我国国民经济的发展起着非常重要的作用。
关键词：并购 投资 风险 资本
Summary：
M & A is an important investment implementation, mergers and acquisitions of property rights and assets needed to get business, the implementation of integrated management, so as to achieve economies of scale, thus M & A activity itself has a strategic significance. M & A is the world's most active corporate transactions and changes in the way property is a complex economic behavior, it can enable enterprises to achieve capital expansion in a short time, in order to enhance their core competitiveness. In recent years, with the rapid development of China's economy, more and more companies choose M & A approach to corporate expansion and extension, but because of China's capital market, there are some flaws, coupled with China's capital operation started late, mergers and acquisitions in the theory, practice, and so on are not mature market environment, there may be a number of risks in the M & A process, therefore, the risk of possible problems in the process of mergers and acquisitions for effective preventive measures research on enterprise development and development of the national economy plays a very important r
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Keywords: M & A venture capital investment
目 录
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摘要 II
一、 企业并购 5
（一）、企业并购的概念 5
1、企业并购的理论基础 5
2、目标企业的选择及其价值评估 5
（二）、企业并购意义 6
1、企业并购的动因 6
2、企业并购对我国企业发展的重要性 6
二、 企业并购的风险投资问题分析研究 9
（一）、财务风险 9
（二）、流动性风险 9
（三）、融资风险 10
（四）、信息不对称风险 10
（五）、营运风险 11
（六）、资产风险 12
（七）、市场风险 12
三、 我国企业并购的主要问题与不足 12
（一）、并购主体出现“双元化”，政府进行不适当的行政干预 12
（二）、并购政策不完善，相关的法制不健全 13
（三）、缺乏专业的并购中介组织 13
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（四）、并购资金来源匮乏 13
（五）