以并购推动企业转型升级研究

Research on Promoting Corporate Transformation and Upgrading by Mergers and Acquisitions

并购是企业借助外生力量实现自身转型升级的重要路径。转型升级既是企业发展的需要,也是顺应时代潮流的选择。企业通过并购拓展市场空间、获取关键性资源和能力、延伸价值链以获取竞争优势,最大限度达到转型升级的目的。理清以并购推进企业转型升级需要考虑的问题具有重要使的现实意义。企业在实施并购行为前应评估外部环境以及自身的能力和资源将并购决策、并购方案和后续整合等问题基于转型升级需求充分考量,以确保能够利用并购重组成功助推企业转型升级。

Merger and acquisition(M&A) is an important path for enterprises to realize their own transformation and upgrading with the help of exogenous forces. Through M&A, enterprises expand market space, acquire key resources and capabilities,extend value chain to gain competitive advantages, and maximize the purpose of transformation and upgrading. It is important to clarify the issues that need to be considered to promote the transformation and upgrading of enterprises through M&A. Before implementing M&A, enterprises should evaluate the external environment and their own capabilities and resources, and fully consider the M&A decision, M&A plan and subsequent integration based on the transformation and upgrading needs, so as to ensure that the M&A restructuring can be successfully used to promote the transformation and upgrading of enterprises.