摘要
企业作为一个资本组织,必然谋求资本的最大增值。然而作为一项复杂的资本运作活动,企业暗含着大量风险。企业并购过程中的风险包括财务风险、法律风险、市场风险等,其中又以财务风险尤为突出,而融资风险又是财务风险的核心,故加强融资风险控制至关重要。
基于此,本文综合运用并购融资理论来研究我国企业并购融资风险控制问题。首先,在深入研究我国企业并购融资风险的基础上,分析目前并购融资风险控制额不足之处,主要表现在并购融资时间安排不合理及融资结构安排缺乏动态调整和控制。其次,针对上述问题对案例进行分析。最后,针对企业并购融资风险控制现状提出了对我国企业并购融资的对策和建议。
关键词 企业并购;融资渠道;风险控制
目录
摘要I
一、企业并购融资风险的相关理论(3)
(一) 并购融资的特性、方式和支付方式························· (3)
(二) 并购融资的风险定义及类型································ (7)
二、案例分析··················································· (8)
(一) TCL并购事件背景········································ (8)
(二) TCL海外并购案融资风险分析·······························(9)
(三) 总结····················································(11)
三、企业并购的现状分析·········································(12)
(一) 我国企业并购现状··························……·········(12)
(二) 我国企业并购融资风险控制现状····························(12)
四、企业并购融资风险防范的对策·································(14)
(一) 科学确定交易价格········································(14)
(二) 树立动态风险控制的思想··································(14)
(三) 积极改善支付结算方式,实现支付方式多样化················(15)
(四) 结合融资方式合理安排支付时间····························(15)
(五) 保证融资结构的合理化····································(16)
结 论…………………………………………………………………………(17)
参考文献(17)