The decrease in business activity and the fall in the production volume in the sectors of economy relying on long-term crediting is characteristic feature of the modern recessions. The pessimistic expectations of entr...The decrease in business activity and the fall in the production volume in the sectors of economy relying on long-term crediting is characteristic feature of the modern recessions. The pessimistic expectations of entrepreneurs concerning product demand leads to falling direct investment into business despite unlimited investment opportunities due to the developed capital markets nowadays. As a result it has created the opportunity for the development of such business restructuring types as mergers and acquisitions. Potential investors are different and their investment motivation is different, but the goal is the same--to increase the value of the business and its efficiency as a result of mergers and acquisitions. Utilizing borrowed capital for acquisitions of enterprises has many advantages. However, purchasable enterprises are exposed to several financial risk factors.展开更多
One year on from its establishment,how is Shanghai’s free trade zone doing thus far?Hony Capital,founded in 2003,is a leading private equity firm in China.It mainly focuses on investment in advanced manufacturing,he...One year on from its establishment,how is Shanghai’s free trade zone doing thus far?Hony Capital,founded in 2003,is a leading private equity firm in China.It mainly focuses on investment in advanced manufacturing,health-care and service sectors both at home and abroad.In the past,when Hony Capital would bid for overseas acquisition,it had to add a caveat in the bidding papers—if the acquisition failed to展开更多
文摘The decrease in business activity and the fall in the production volume in the sectors of economy relying on long-term crediting is characteristic feature of the modern recessions. The pessimistic expectations of entrepreneurs concerning product demand leads to falling direct investment into business despite unlimited investment opportunities due to the developed capital markets nowadays. As a result it has created the opportunity for the development of such business restructuring types as mergers and acquisitions. Potential investors are different and their investment motivation is different, but the goal is the same--to increase the value of the business and its efficiency as a result of mergers and acquisitions. Utilizing borrowed capital for acquisitions of enterprises has many advantages. However, purchasable enterprises are exposed to several financial risk factors.
文摘One year on from its establishment,how is Shanghai’s free trade zone doing thus far?Hony Capital,founded in 2003,is a leading private equity firm in China.It mainly focuses on investment in advanced manufacturing,health-care and service sectors both at home and abroad.In the past,when Hony Capital would bid for overseas acquisition,it had to add a caveat in the bidding papers—if the acquisition failed to