海外并购的战略规划研究

Strategic Planning Research on Overseas M&A

在"走出去"战略指引下,越来越多的中资企业开展"一带一路"沿线国家的投资并购活动,为了提高中资企业海外并购的成功率,开展海外并购战略规划研究必不可少。通过对海外并购的战略选择、并购动因的确定、并购战略的准备、并购边界及方向的确定和制定并购战略应具有的六大特征进行了总体研究,为中资企业海外并购战略规划提供了科学依据。

Under the guidance of the national "going out"strategy,more and more Chinese-funded enterprises have carried out M&A investment activities in countries along the"Belt and Road". In order to improve the success rate of overseas M&A of Chinese-funded enterprises,research on overseas M&A strategic planning must be carried out. This paper provides a general study on the strategic choice of overseas M&A,the determination of M&A motivation,the preparation of M&A strategy,the determination of M&A boundary and direction,and the six characteristics of M&A strategy. It provides a strategic plan for Chinese M&A in overseas. Based on the basis,it avoids the losses caused by blindly carrying out M&A activities.