企业并购中财务问题研究.doc
约27页DOC格式手机打开展开
企业并购中财务问题研究,ÆóÒµ²¢¹ºÖвÆÎñÎÊÌâÑо¿15000×Ö×Ô¼ºµÄÔ´´±ÏÒµÂÛÎÄ£¬½öÔÚ±¾Õ¾¶À¼ÒÌá½»£¬´ó¼Ò·ÅÐÄʹÓÃÕªÒªËæ×Ų¢¹ºÈ«Çò»¯Õâ¸ö¸ÅÄîÔÚÊÀ½çÉϱ»¹ã·ºµÄÊìÖª£¬Ô½À´Ô½¶àµÄÆóÒµ¼ÓÈëÁ˲¢¹ºµÄÀ˳±¡£É...
内容介绍
此文档由会员 否极泰来 发布
ÆóÒµ²¢¹ºÖвÆÎñÎÊÌâÑо¿
15000×Ö
×Ô¼ºµÄÔ´´±ÏÒµÂÛÎÄ£¬½öÔÚ±¾Õ¾¶À¼ÒÌá½»£¬´ó¼Ò·ÅÐÄʹÓÃ
Õª Òª
Ëæ×Ų¢¹ºÈ«Çò»¯Õâ¸ö¸ÅÄîÔÚÊÀ½çÉϱ»¹ã·ºµÄÊìÖª£¬Ô½À´Ô½¶àµÄÆóÒµ¼ÓÈëÁ˲¢¹ºµÄÀ˳±¡£ÉõÖÁ²¢¹ºÒѳÉΪÆóÒµ¡°Éú»îµÄʱÉС±¡£²¢¹ºÊÇÆóÒµÔËÓª×ʱ¾ÖÐÒ»¸ö·Ç³£ÖØÒªµÄÊֶΣ¬¿ÉÒÔΪÆóÒµ´øÀ´ºÜ¶à»ý¼«µÄÒòËغÍÒâÒ壬ÀýÈç¿ÉÒÔÀ©´óÆóÒµ¹æÄ££¬À©´óÆóÒµµÄÊг¡¾ºÕùÁ¦£¬Í¬Ê±¿ÉÒÔ¸øÆóÒµ´øÀ´ÐµĻîÁ¦£¬Ê¹ÆóÒµ¿ÉÒÔ¾¡¿ÉÄ@@¤¾ÃµÄÉú´æÏÂÈ¥¡£µ«Í¬Ê±²¢¹º»áΪÆóÒµ´øÀ´ºÜ¶àÎÊÌ⣬±ÈÈç²ÆÎñÎÊÌâºÍµÀµÂÎÊÌâÒÔ¼°¹ý·Ö×·ÇóÆóÒµ¹æÄ£À©´ó¶øµ¼ÖµÄ×ʽðÀ§Äѵȡ£ÆäÖУ¬²ÆÎñÎÊÌâÊDz¢¹º¹ý³ÌÖв»¿É±ÜÃâµÄ£¬¹á´©Õû¸ö²¢¹º¹ý³ÌµÄÄÑÌâ¡£¿ÉÒÔ˵²ÆÎñÎÊÌâµÄ´óСֱ½Ó¾ö¶¨Á˲¢¹ºµÄ³É¹¦Óë·ñ¡£ËùÒÔÈçºÎ½â¾öÆóÒµ²¢¹ºÖеIJÆÎñÎÊÌâ³ÉΪÁËÆóÒµÐèÒª¿¼ÂǵÄÖØÖÐÖ®ÖØ¡£Òò´Ë±¾ÎÄÄâͨ¹ýϵͳ¡¢È«ÃæµØÑо¿ÆóÒµ²¢¹ºµÄÏà¹ØÀíÂÛ£¬ÔËÓÃÀíÂÛ½áºÏʵ¼ÊµÄ·½·¨ÕÒ³öÆóÒµ²¢¹º¹ý³ÌÖÐÓöµ½µÄ²ÆÎñÎÊÌ⣬²¢Í¨¹ý°¸Àý¼°ÀíÂÛ·ÖÎöµÃ³öºÏÀíµÄ½â¾ö·½·¨£¬´Ó¶ø¶ÔÆóÒµ²¢¹ºÐÐΪ´øÀ´Ò»Ð©ÏÖʵµÄÖ¸µ¼ÒâÒå¡£
¹Ø¼ü´Ê£ºÆóÒµ²¢¹º ²ÆÎñÎÊÌâ ·çÏÕ
ABSTRACT
With the extensive M & A familiar with the concept of globalization in the world, more and more enterprises to join the tide of M & A. Even mergers and acquisitions has become "fashionable life enterprise". M & A is a very important means of enterprise capital operation, can bring a lot of positive factors and significance for enterprises, for example, can expand the scale of enterprises, expand the market competitiveness of enterprises, and can bring new vigor to the enterprise, make the enterprise can survive for long. But at the same time the merger will bring many problems for enterprises, such as financial and moral problems and excessive pursuit of the expansion of enterprise scale and lead to financial difficulties etc.. Among them, the financial problems are inevitable in the process of merger and acquisition, problem throughout the acquisition process. Can be said that the financial problem size directly determines the success of mergers and acquisitions. So how to solve the financial problems of enterprise merger has become a priority among priorities and enterprises need to consider. Therefore this article related theory comprehensively researching enterprise merger and acquisition through the system, using the method of combining theory with practice, find out the financial problems encountered in the course of merger and acquisition, and through the analysis of the case and the theory of reasonable solution, so as to bring some practical guiding significance to the enterprise M & A.
Key words£º Enterprise merger and acquisition Financial problems Risk
Ŀ ¼
Òý ÑÔ - 1 -
1 ÆóÒµ²¢¹ºµÄÏà¹Ø¸ÅÄî¸ÅÊö - 1 -
1.1 ÆóÒµ²¢¹ºµÄ¸ÅÄî - 1 -
1.2 ÆóÒµ²¢¹ºµÄ·½Ê½ - 2 -
1.3 ÆóÒµ²¢¹ºµÄ¶¯Òò·ÖÎö - 2 -
1.4 ÆóÒµ²¢¹ºÊµÏֵıØÒªÌõ¼þ - 3 -
1.5 ÆóÒµ²¢¹ºµÄ»ù±¾¹ý³Ì - 4 -
2 ÆóÒµ²¢¹ºÖеĴæÔڵIJÆÎñÎÊÌâ - 5 -
2.1 ¹ýÓÚ×·ÇóÆóҵǿ´ó´øÀ´µÄÎÊÌâ - 5 -
2.2 Õ¼ÓôóÁ¿Á÷¶¯×ʽð´øÀ´µÄÎÊÌâ - 5 -
2.3 ÆÀ¹À¼ÛֵǷ׼ȷ´øÀ´µÄÎÊÌâ - 6 -
2.4 Õþ¸®¸ÉÔ¤¹ý¶à´øÀ´µÄÎÊÌâ - 6 -
2.5 ²¢¹ºÆóÒµµÄÖ§¸¶·½Ê½´æÔÚÎÊÌâ - 7 -
3. ÆóÒµ²¢¹ºÖвÆÎñÎÊÌâµÄ¾ßÌå¶Ô²ß¼°·À·¶´ëÊ© - 8 -
3.1 ºÏÀí°²ÅÅ×ʽðʹÓà - 8 -
3.2 ºÏÀíÆÀ¹ÀÄ¿±êÆóÒµµÄ¼ÛÖµ - 8 -
3.3 ½¡È«·¨ÂÉ·¨¹æ£¬¼õÉÙÕþ¸®¸ÉÔ¤ - 9 -
3.4 ½¨Á¢²¢¹ºÆóÒµ²ÆÎñÔ¤¾¯ÆÀ¼ÛÖ¸±êÌåϵ - 9 -
3.5 Ñ¡ÔñÊʵ±µÄÈÚ×Ê·½Ê½ - 9 -
3.6 ±ÜÃâäĿ²¢¹ºÐÐΪµÄ·¢Éú - 10 -
3.7 ²¢¹ºÆóÒµµÄÖ§¸¶·½Ê½ÐèÒª¶àÑù»¯ - 10 -
4 ÈÙÐÀ¼¯ÍŲ¢¹ºÐÂÌìµØ¹«Ë¾µÄ²ÆÎñÎÊÌâ°¸Àý·ÖÎö - 10 -
4.1²¢¹ºÆóÒµµÄ¸Å¿ö - 10 -
4.2²¢¹ºÆóÒµµÄ²ÆÎñ×´¿öÓë·ÖÎö - 11 -
4.3ÆóÒµÕûÌå¼ÛÖµÆÀ¹À--ÏÖ½ðÁ÷Á¿ÌùÏÖ·¨ - 13 -
4.3.1 ½øÐÐÏÖ½ðÁ÷Á¿Ô¤²â - 13 -
4.3.2Ô¤²âÊÕ¹ºµÄ×îµÍ¿É½ÓÊܱ¨³êÂÊ - 15 -
4.4²¢¹ºÖ§¸¶·½Ê½µÄ²ÆÎñ¾ö²ß - 18 -
4.4.1ÏÖ½ðÊÕ¹º - 19 -
4.4.2¹ÉƱÊÕ¹º - 19 -
4.5 ×îÖյIJ¢¹º·½°¸¾ö²ß - 21 -
½á ÂÛ - 22 -
Ö л - 22 -
²Î¿¼ÎÄÏ×£º - 23 -
15000×Ö
×Ô¼ºµÄÔ´´±ÏÒµÂÛÎÄ£¬½öÔÚ±¾Õ¾¶À¼ÒÌá½»£¬´ó¼Ò·ÅÐÄʹÓÃ
Õª Òª
Ëæ×Ų¢¹ºÈ«Çò»¯Õâ¸ö¸ÅÄîÔÚÊÀ½çÉϱ»¹ã·ºµÄÊìÖª£¬Ô½À´Ô½¶àµÄÆóÒµ¼ÓÈëÁ˲¢¹ºµÄÀ˳±¡£ÉõÖÁ²¢¹ºÒѳÉΪÆóÒµ¡°Éú»îµÄʱÉС±¡£²¢¹ºÊÇÆóÒµÔËÓª×ʱ¾ÖÐÒ»¸ö·Ç³£ÖØÒªµÄÊֶΣ¬¿ÉÒÔΪÆóÒµ´øÀ´ºÜ¶à»ý¼«µÄÒòËغÍÒâÒ壬ÀýÈç¿ÉÒÔÀ©´óÆóÒµ¹æÄ££¬À©´óÆóÒµµÄÊг¡¾ºÕùÁ¦£¬Í¬Ê±¿ÉÒÔ¸øÆóÒµ´øÀ´ÐµĻîÁ¦£¬Ê¹ÆóÒµ¿ÉÒÔ¾¡¿ÉÄ@@¤¾ÃµÄÉú´æÏÂÈ¥¡£µ«Í¬Ê±²¢¹º»áΪÆóÒµ´øÀ´ºÜ¶àÎÊÌ⣬±ÈÈç²ÆÎñÎÊÌâºÍµÀµÂÎÊÌâÒÔ¼°¹ý·Ö×·ÇóÆóÒµ¹æÄ£À©´ó¶øµ¼ÖµÄ×ʽðÀ§Äѵȡ£ÆäÖУ¬²ÆÎñÎÊÌâÊDz¢¹º¹ý³ÌÖв»¿É±ÜÃâµÄ£¬¹á´©Õû¸ö²¢¹º¹ý³ÌµÄÄÑÌâ¡£¿ÉÒÔ˵²ÆÎñÎÊÌâµÄ´óСֱ½Ó¾ö¶¨Á˲¢¹ºµÄ³É¹¦Óë·ñ¡£ËùÒÔÈçºÎ½â¾öÆóÒµ²¢¹ºÖеIJÆÎñÎÊÌâ³ÉΪÁËÆóÒµÐèÒª¿¼ÂǵÄÖØÖÐÖ®ÖØ¡£Òò´Ë±¾ÎÄÄâͨ¹ýϵͳ¡¢È«ÃæµØÑо¿ÆóÒµ²¢¹ºµÄÏà¹ØÀíÂÛ£¬ÔËÓÃÀíÂÛ½áºÏʵ¼ÊµÄ·½·¨ÕÒ³öÆóÒµ²¢¹º¹ý³ÌÖÐÓöµ½µÄ²ÆÎñÎÊÌ⣬²¢Í¨¹ý°¸Àý¼°ÀíÂÛ·ÖÎöµÃ³öºÏÀíµÄ½â¾ö·½·¨£¬´Ó¶ø¶ÔÆóÒµ²¢¹ºÐÐΪ´øÀ´Ò»Ð©ÏÖʵµÄÖ¸µ¼ÒâÒå¡£
¹Ø¼ü´Ê£ºÆóÒµ²¢¹º ²ÆÎñÎÊÌâ ·çÏÕ
ABSTRACT
With the extensive M & A familiar with the concept of globalization in the world, more and more enterprises to join the tide of M & A. Even mergers and acquisitions has become "fashionable life enterprise". M & A is a very important means of enterprise capital operation, can bring a lot of positive factors and significance for enterprises, for example, can expand the scale of enterprises, expand the market competitiveness of enterprises, and can bring new vigor to the enterprise, make the enterprise can survive for long. But at the same time the merger will bring many problems for enterprises, such as financial and moral problems and excessive pursuit of the expansion of enterprise scale and lead to financial difficulties etc.. Among them, the financial problems are inevitable in the process of merger and acquisition, problem throughout the acquisition process. Can be said that the financial problem size directly determines the success of mergers and acquisitions. So how to solve the financial problems of enterprise merger has become a priority among priorities and enterprises need to consider. Therefore this article related theory comprehensively researching enterprise merger and acquisition through the system, using the method of combining theory with practice, find out the financial problems encountered in the course of merger and acquisition, and through the analysis of the case and the theory of reasonable solution, so as to bring some practical guiding significance to the enterprise M & A.
Key words£º Enterprise merger and acquisition Financial problems Risk
Ŀ ¼
Òý ÑÔ - 1 -
1 ÆóÒµ²¢¹ºµÄÏà¹Ø¸ÅÄî¸ÅÊö - 1 -
1.1 ÆóÒµ²¢¹ºµÄ¸ÅÄî - 1 -
1.2 ÆóÒµ²¢¹ºµÄ·½Ê½ - 2 -
1.3 ÆóÒµ²¢¹ºµÄ¶¯Òò·ÖÎö - 2 -
1.4 ÆóÒµ²¢¹ºÊµÏֵıØÒªÌõ¼þ - 3 -
1.5 ÆóÒµ²¢¹ºµÄ»ù±¾¹ý³Ì - 4 -
2 ÆóÒµ²¢¹ºÖеĴæÔڵIJÆÎñÎÊÌâ - 5 -
2.1 ¹ýÓÚ×·ÇóÆóҵǿ´ó´øÀ´µÄÎÊÌâ - 5 -
2.2 Õ¼ÓôóÁ¿Á÷¶¯×ʽð´øÀ´µÄÎÊÌâ - 5 -
2.3 ÆÀ¹À¼ÛֵǷ׼ȷ´øÀ´µÄÎÊÌâ - 6 -
2.4 Õþ¸®¸ÉÔ¤¹ý¶à´øÀ´µÄÎÊÌâ - 6 -
2.5 ²¢¹ºÆóÒµµÄÖ§¸¶·½Ê½´æÔÚÎÊÌâ - 7 -
3. ÆóÒµ²¢¹ºÖвÆÎñÎÊÌâµÄ¾ßÌå¶Ô²ß¼°·À·¶´ëÊ© - 8 -
3.1 ºÏÀí°²ÅÅ×ʽðʹÓà - 8 -
3.2 ºÏÀíÆÀ¹ÀÄ¿±êÆóÒµµÄ¼ÛÖµ - 8 -
3.3 ½¡È«·¨ÂÉ·¨¹æ£¬¼õÉÙÕþ¸®¸ÉÔ¤ - 9 -
3.4 ½¨Á¢²¢¹ºÆóÒµ²ÆÎñÔ¤¾¯ÆÀ¼ÛÖ¸±êÌåϵ - 9 -
3.5 Ñ¡ÔñÊʵ±µÄÈÚ×Ê·½Ê½ - 9 -
3.6 ±ÜÃâäĿ²¢¹ºÐÐΪµÄ·¢Éú - 10 -
3.7 ²¢¹ºÆóÒµµÄÖ§¸¶·½Ê½ÐèÒª¶àÑù»¯ - 10 -
4 ÈÙÐÀ¼¯ÍŲ¢¹ºÐÂÌìµØ¹«Ë¾µÄ²ÆÎñÎÊÌâ°¸Àý·ÖÎö - 10 -
4.1²¢¹ºÆóÒµµÄ¸Å¿ö - 10 -
4.2²¢¹ºÆóÒµµÄ²ÆÎñ×´¿öÓë·ÖÎö - 11 -
4.3ÆóÒµÕûÌå¼ÛÖµÆÀ¹À--ÏÖ½ðÁ÷Á¿ÌùÏÖ·¨ - 13 -
4.3.1 ½øÐÐÏÖ½ðÁ÷Á¿Ô¤²â - 13 -
4.3.2Ô¤²âÊÕ¹ºµÄ×îµÍ¿É½ÓÊܱ¨³êÂÊ - 15 -
4.4²¢¹ºÖ§¸¶·½Ê½µÄ²ÆÎñ¾ö²ß - 18 -
4.4.1ÏÖ½ðÊÕ¹º - 19 -
4.4.2¹ÉƱÊÕ¹º - 19 -
4.5 ×îÖյIJ¢¹º·½°¸¾ö²ß - 21 -
½á ÂÛ - 22 -
Ö л - 22 -
²Î¿¼ÎÄÏ×£º - 23 -
TA们正在看...
- 学前儿童游戏教学全套课件高职学前教育专业项目二...pptx
- 学前儿童游戏教学全套课件高职学前教育专业项目五...ppt
- 学前儿童游戏教学全套课件高职学前教育专业项目六...ppt
- 学前儿童游戏教学全套课件高职学前教育专业项目四...ppt
- 学前儿童社会教育活动与指导教学全套课件社会活动...ppt
- 学前儿童社会教育活动与指导教学全套课件第三章学...ppt
- 学前儿童美术教育与活动指导教学全套课件第一章学...pptx
- 学前儿童美术教育与活动指导教学全套课件第七章学...pptx
- 学前儿童美术教育与活动指导教学全套课件第三章学...pptx
- 学前儿童美术教育与活动指导教学全套课件第九章学...pptx