我国资本跨国并购海外足坛的动因、风险与规避  

Chinese Investors' M&A of Overseas Clubs:Motivation,Risk and Risk Aversion

作　　者：余明权[1] 柳磊[2] 

机构地区：[1]浙江理工大学体育教研部,浙江杭州310018 [2]攀枝花学院体育部,四川攀枝花617000

出　　处：《成都体育学院学报》2017年第1期14-18,共5页Journal of Chengdu Sport University

摘　　要：中国资本并购海外知名俱乐部已蔚然成风。针对这一现象通过文献资料法、推理逻辑法,总结出中国资本动机内有国内足球政策日益向好,资本扎堆现象严重以及产业升级需要;外有世界足坛经济不振,海外足坛出现价值洼地等因素。并购过程中中国资本应注重从文化差异、政策差异、管理差异等方面找准切入点,做到充分把握足球产业特征,科学决策;尊重原俱乐部意见,发挥企业双方经营协同效应;加快国际化进程,降低并购风险。Chinese capital M＆A of overseas well - known football clubs has become a common practice. This article summarizes through literature review and logical inference the reasons for the practice, which include both internal and external ones. The internal reasons include increasingly favorable domestic football policies, serious capital cluster and industrial upgrading needs ; the external reasons include depression of football economy and depreciation of football club values, etc. When undertaking M＆A of overseas football clubs, Chinese investors should seek points of alignment from differences in culture, policy, and management and fully grasp the characteristics of football industry so as to work out decisions in scientific way; respect foreign clubs opinions and give full play to the effect of sino - foreign coordinated management ; speed up the internationalization process to reduce the risk of M＆A.

关 键 词：跨国并购 动因 风险 规制 

分 类 号：G843[文化科学—体育训练]