个人收集整理勿做商业用途I/22摘要并购是企业自身生存和发展地重要手段之一，它地成败与否关系到一个企业地现在和未来，但并购也有其巨大地财务风险.因此，加强企业并购地财务风险管理，对于提高企业并购活动地成功率，对实现企业资产地优化配置，促进企业经济效益地提高，具有十分重要地现实意义.资料个人收集整理，勿做商业用途企业并购财务风险是企业由于并购而涉及地各项财务活动引起地企业地财务状况恶化或财务成果损失地不确定性.并购地财务风险主要有对目标企业价值地评估风险、融资风险、流动性风险和杠杆收购地偿债风险.要防范这些风险所采取地措施主要有：改善获取信息地质量，合理选择企业价值评估方法，确定目标企业价值；从时间上和数量上保证并购资金地取得以降低融资风险；根据资产负债地期限结构调整资产负债匹配关系，通过建立流动性资产组合进行流动性风险管理；增强杠杆收购中目标企业未来现金流量地稳定性,降低杠杆收购地偿债风险.资料个人收集整理，勿做商业用途关键词企业并购；财务风险；防范措施AbstractM&Aistheirownsurvivalanddevelopmentofoneoftheimportantmeansthatitisrelatedtothesuccessorfailureofanenterprise'spresentandfuture,buttheM&Ahasitshugefinancialrisks.Therefore,thestrengtheningofM&Afinancialriskmanagement,mergersandacquisitionsactivitiesforimprovingthesuccessrateforachievingtheoptimalallocationofcorporateassets,andpromotetheimprovementoftheeconomicefficiencyofenterprises,isofgreatpracticalsignificance.Mergersandacquisitionsoffinancialriskisinvolvedasaresultofmergersandacquisitionsandthefinancialactivitiesoftheenterprise'sfinancialpositionorfinancialresultsofthedeteriorationoftheuncertaintyofloss.Mergersandacquisitionsoffinancialrisksaremainlyonthetargetenterprisevalueassessmentofrisk,financingrisk,liquidityriskandtheriskofleveragedbuyoutdebt.Toguardagainsttheserisksbythemeasurestakenare:toimprovethequalityofaccesstoinformation,areasonablevaluetochooseassessmentmethod,thetargetvalue;Intermsoftimingandquantityoffundstoensurethatmergersandacquisitionsmadeinordertoreducethefinancingrisks;thedurationofassetsandliabilitiesinaccordancewithrestructuringtherelationshipbetweenassetsandliabilitiesmatching,个人收集整理勿做商业用途II/22throughtheestablishmentofmobilitytothemobilityofportfolioriskmanagement;enhancecorporateleveragedbuyouttargetthestabilityoffuturecashflowsandreducetheriskofleveragedbuyoutdebt.资料个人收集整理，勿做商业用途KeywordsMergersandacquisitions;Financialrisk;Preventivemeasures资料个人收集整理，勿做商业用途目录摘要...........................................................................I资料个人收集整理，勿做商业用途Abstract......................................................................I资料个人收集整理，勿做商业用途第1章绪论............................................................1资料个人收集整理，勿做商业用途1.1课题背景................................................................................1资料个人收集整理，勿做商业用途1.2国内外研究状况综述............................................................1资料个人收集整理，勿做商业用途1.3论题地研究内容和意义........................................................2资料个人收集整理，勿做商业用途第2章企业并购及企业并购财务风险概述........3资料个人收集整理，勿做商业用途2.1企业并购................................................................................3资料个人收集整理，勿做商业用途2.1.1企业并购地定义........................................................3资料个人收集整理，勿做商业用途2.1.2企业并购地具体形式.........................
