企业并购的财务风险与防范 论文.doc

目 录 摘 要 I Abstract II 第一章 企业并购概述 1 1.1企业并购的涵义 1 1.2企业并购的种类 1 1.3我国企业并购的历史回顾及现状 2 第二章 企业并购财务风险概述 4 2.1企业并购财务风险的涵义 4 2.2企业并购财务风险研究现状 4 第三章 企业并购财务风险及其成因分析 6 3.1财务风险的界定 6 3.2财务风险产生的原因 6 3.3企业并购财务风险分析 8 第四章 企业并购财务风险防范对策 11 4.1收集信息降低企业估价风险 11 4.2通过中介机构确定企业价值 11 4.3统筹安排降低融资风险 11 4.4增强财务杠杆降低财务风险 12 4.5通过法律保护降低财务风险 12 结 论 13 参考文献(References) 14 致 谢 15  企业并购的财务风险与防范 摘 要 在经济全球一体化和全球并购浪潮的影响下，中国经济日益融入世界经济中，并购作为企业资本快速积累的一条捷径，无疑会成为中国企业扩大市场份额的一种理想方式和选择。但同时也要认识到，中国企业并购还处在初级阶段，企业整体实力不强，缺乏并购的经验及人才。因此，中国企业在进行并购时，要有清晰明确的并购战略，量力而行，不可盲目为了并购而并购。本文着重研究企业在并购前面临的财务风险问题及防范措施，首先，从企业并购的基本理论出发，分析了企业并购的涵义以及企业并购过程中财务风险涵义，接着介绍了我国企业并购的国内外研究现状。然后，结合并购财务风险的基础理论知识和典型案例，分析了并购财务风险的成因。最后，在遵循并购财务风险防范基本原则的基础上，针对各风险提出如何进行财务风险防范的具体对策，以期为我国企业并购提出一些有用的建议。 关键词：企业并购；财务风险；风险防范 The study on the financial risk and its protection During the acquisition of the enterprises Abstract under the influence of the economic globalization and global mergers ,Chinas economy become more integrated into the global economy, MA as enterprise capital rapidly accumulating a shortcut, It will undoubtedly become an ideal way and choice that Chinese companies to expand their market share. But we must realize that China enterprise merger is still in its early stages, the enterprise overall strength is not strong and lack of MA experience and talents. Therefore, China enterprises in acquisitions must have clear merger strategy, try its best, not blindly for acquisitions and mergers and acquisitions. This paper focuses on the problems and preventive measures before Merger and Acquisition, first of all, from the enterprise merger basic theory, this paper analyzes the definition of the enterprise merger, next, Analyses the meaning of MA and enterprise merger of financial risk in the process definition.Then, combined with the merger of financial risk basic theoretical knowledge and typical case studies, analyzes the causes of the financial risks of MA. Finally, in following the merger of financial r