浅谈企业并购

Preliminary Discussion on Merger & Acquisition

企业并购最直接的动因是谋求竞争优势,实现股东利益最大化。企业并购有助于企业整合资源,提高规模经济效益;有助于企业降低资金成本,改善财务结构,提升企业价值;有助于实现并购双方在人才、技术、财务等方面的优势互补,增强研发能力,提高管理水平和效率。但企业并购也存在着一定的潜在危机和风险。

The direct motivation for a merger and acquisition deal is to seek the competitive advantage and profit maximization. Merger and acquisition will help the enterprises to integrate their resources, increase the scale economy effect, reduce the capital cost, improve the financial structure, increase the value of the enterprises, realize the mutual supplement of human resources, technology and finance, strengthen the research and development capacity, as well as improve the management level and efficiency. In the mean time, there exist certain potential crises and risks in a merger and acquisition deal.