后股权分置时代的公司并购特点及财务筹划  

The buying characteristics and finance plan of the firm in the age of a shareholder right separate

作　　者：谢永添[1] 

机构地区：[1]厦门国家会计学院,福建厦门361009

出　　处：《学理论》2009年第27期133-137,共5页Theory Research

摘　　要：股权分置改革的顺利完成是中国资本市场走向规范的重要里程碑。在股份全流通的背景下,公司并购也将呈现许多新特点,最突出的莫过于市场的主导、主动要约的应用及换股并购的流行。基于这些特点,为了提升并购双方的股东价值,本文分析了几种并购中可行的财务筹划方法,包括权益集合会计处理、市盈率博弈、可转债效应、收购溢价安全线、借壳上市、纳税筹划和反收购财务安排等。The ownership of a share places the smoothly complete of the reform separately is important milestone that the Chinese capital market heads for the norm.Under whole current background of share, the company buy also and also will present many new characteristicses, the most outstanding the application that want to invite in the predominance of the market and actively nothing is better than and the fad that change and buy.According to these characteristicses, for promoting and buying the both parties＇ shareholder value, this text analyzes several kinds and buys the medium viable finance to plan and prepare the method, including the rights to gather the accountancy processing, the market rate playing , can turn the effect , procure the safe line of premium price and borrow the hull to appear on market, pay tax to plan and prepare and anti- procure finance arrangement etc.

关 键 词：全流通 公司并购 财务筹划 

分 类 号：F121.26[经济管理—世界经济]