上市公司技术并购战略选择与并购后整合探讨  

Discussion on strategic choice and integration after merger for tech mergers of listed companies

作　　者：马德元 程向阳 MA Deyuan;CHENG Xiangyang(Business School,Fuyang Normal University,Fuyang Anhui 236037,China)

机构地区：[1]阜阳师范大学商学院,安徽阜阳236037

出　　处：《阜阳师范大学学报（自然科学版）》2021年第2期102-108,共7页Journal of Fuyang Normal University:Natural Science

基　　金：安徽省教育厅科学重点项目(SK2017A0294)资助。

摘　　要：上市公司技术并购是提升上市公司质量的有效途径之一。研究发现,技术并购战略选择方向有横向并购、纵向并购、混业并购和国际并购四种类型,上市公司技术并购应与战略发展方向保持一致;并购路径有直接并购和间接并购,直接并购重在并购对象和并购方式的选择,间接并购要把握好并购时间点;并购后整合对技术并购的成功具有决定性作用。Tech mergers of listed companies are one of the effective ways to improve the quality of listed companies.There are four strategic choices for tech mergers,which include horizontal merger,vertical merger,mixed merger and international merger.Tech merger of listed companies should be consistent with strategic development direction.Merger path is classified into direct mergers and indirect mergers.Direct mergers focus on the choice of target company and merger mode.Indirect mergers must hold on the acquisition time.Merger integration plays a decisive role in the success of tech mergers.

关 键 词：上市公司 技术并购 并购战略 并购路径 并购整合 

分 类 号：F271.4[经济管理—企业管理]