我国企业跨国并购的困境与对策探究摘要随着经济全球化的快速发展，企业国际化的浪潮席卷全球。跨国公司为加强其国际竞争地位和推行全球化经营战略，在全球范围内掀起了一场规模宏大、影响深远的跨国并购浪潮。而伴随着经济全球化步伐的加快以及“走出去”战略的实施，我国越来越多的企业将跨国并购作为对外直接投资、开拓国际市场的新策略。然而在我国企业跨国并购过程中，虽然为我国经济的增长做出了很大的贡献但是也存在着很多的问题，制约着我国企业跨国并购的发展。所以本文通过对我国企业跨国并购的困境进行研究，首先对跨国并购进行了简单的阐述；其次分析了我国企业跨国并购现状及发展趋势；接着深入分析了我国企业跨国并购过程中遇到的一些困境；最后针对这些困境提出了一些应对之策，并希望这些建议的提出对我国企业跨国并购的发展有一定的促进作用。关键字跨国并购；困境；对策ChinaEnterpriseCrossNationAcquisitionDifficultiesandCountermeasuresABSTRACTWiththerapiddevelopmentofeconomicglobalization,theinternationalizationofenterprisestidesweepsacrossthewholeworld.Multinationalcompaniestostrengthentheirinternationalcompetitivepowerandcarryoutglobalmanagementstrategy,oneisliftedinsidegloballimitsdimensionsisbaronial,far-reachingmultinationalmergersandacquisitions.Alongwiththeacceleratedpaceofeconomicglobalizationandtheimplementationof"goingout"strategy,moreandmoreenterprisesofourcountrywillcross-borderM&as,openinguptheinternationalmarket.However,inChina'senterprisesintransnationalmergerprocess,althoughforthegrowthofourcountryeconomyhasmadeagreatcontribution,butalsoexistingalotofproblems,restrictingthedevelopmentofChina'senterprisesintransnationalmerger.SothispaperonChina'senterprisesintransnationalmergertheplightofthestudy,firstofalltothetransnationalmergerandacquisitionhascarriedonthesimpleelaboration;followedbytheanalysisofChina'senterprisesintransnationalmergercurrentsituationanddevelopmenttrend;thenin-depthanalysisofChina'senterprisesintransnationalmergerprocessencounteredsomedifficulties;thelastofthesedifficultiesandputsforwardsomecountermeasures,andIhopethesesuggestionsoncross-borderMaofChineseenterprisesdevelopment.KEYWORDS：Transnationalmergersandacquisitions;dilemma;countermeasure目录摘要..............................................................IABSTRACT...........................................................II前言................................................................11跨国并购概述......................................................11.1跨国并购的概念...............................................11.2跨国并购的类型...............................................21.3当今世界跨国并购的特点......................................22我国企业跨国并购现状及发展趋势....................................32.1我国企业跨国并购现状........................................32.1.1并购企业主要是国有大中型企业，民企跨国并购增长快速.....32.1.2跨国并购的发展速度和规模...............................32.1.3跨国并购目标国家主要集中在发达国家和资源类国家.........42.2我国企业跨国并购的发展趋势...................................52.2.1我国企业跨国并购的步伐明显加快.........................52.2.2我国的跨国并购投资行业分布越来越广泛...................62.2.3跨国并购的投资主体开始多元化...........................73我国企业跨国并购的困境分析........................................73.1并购前缺乏明确的并购战略....................................73.2并购融资及支付问题..........................................83.3并购后整合问题....................
