摘要
企业并购是在许多动因的驱使下进行的,而筹措资金、避税、利用财务杠杆提高举债能力、通过并购影响企业股票价格从而获得预期效应、并购的协同效应使企业价值上升等这些财务因素是企业实施并购要考虑的重要方面。
Merger and acquistion are caused by many financing factors. In the practical course enterprises need consider these factors, especially fund collection, tax avoiding, and finacing level to improve crediting ability. They should also take into account the anticipatory effect of M＆A on stock price and the coordinative effect of it on enterprise value increase.
出处
《商业研究》
北大核心
2005年第20期63-64,共2页
Commercial Research
关键词
财务动因
预期效应
企业增值
协同效应
financing factors
anticipatory effect
enterprise incveased value
coordinative effect
