中外并购动因之差异与后危机时期我国并购策略调整

International M&A Motivation and Adjustment of Chinese M&A Strategy in the Post Crisis Era

本文通过对我国几次并购浪潮特点的回顾分析,论述了驱动我国企业并购的几大因素及其各自发挥的作用,并分析了中西并购动因在市场性、竞争性、资源性、政策性、战略性、投机性等方面的差异。同时分析了在金融危机之后我国企业并购的现状以及应对的机遇和挑战。

Analysing characteristics and motivation of Chinese corporation MA waves,this paper discusses main factors which drive Chinese corporation MA waves and compares the difference of MA motivation between Chinese corporations and western country corporations,in terms of market-oriental,competition-oriental,resource-oriental,policy-oriental,strategic-oriental and speculation-oriental,as well as the opportunity and challenge that Chinese corporations are dealing with after the financial crisis.