摘要
分析了企业战略并购对企业交易成本、代理成本、财务能力、税赋、价值链及流程再造等方面的积极影响,从企业财务角度论述了企业战略并购中的协同效应,指出成功的企业并购能产生1+1>2的战略协同效应,给企业带来效率和效益。
Success in enterprise mergers and acquisitions forms strategic synergy and improves economic efficiency and benefit in business. The article describes the impacts of enterprise strategic mergers and acquisitions on transaction cost,agency cost,financial ability,tax burden,value chain and process reengineering etc.,and emphasizes on analyzing the enterprise financial synergy of strategic mergers and acquisitions.
出处
《化工技术经济》
2005年第1期33-37,共5页
Chemical Techno-Economics
关键词
战略并购
财务协同效应
经济效益
经济效率
strategic mergers and acquisitions
financial synergy
economic benefit
economic efficiency
