企业并购财务风险研究——以空气化工产品公司并购壳牌煤气化技术为例  

A Study of Financial Risks of Corporate Mergers and Acquisitions--An Example of Air Chemical Products'Acquisition of Shell Coal Gasification Technology

作　　者：宋昱杰 Song Yujie(Yan'an University,Yan'an Shaanxi 716000)

机构地区：[1]延安大学,陕西延安716000

出　　处：《现代工业经济和信息化》2022年第7期327-329,共3页Modern Industrial Economy and Informationization

摘　　要：并购是企业迅速扩大经营规模,提高企业竞争力和市场占有率必不可少的一种手段。然而,并购是一种复杂程度极高的战略投资方式,其在超利益的背后也隐藏着巨大的风险,因此,对企业并购财务风险的防范就有利于提高并购成功率。以空气化工产品公司并购壳牌煤气化技术的案例为研究对象,对空气化工产品公司并购壳牌煤气化技术中所采取的各项措施的合理性进行了分析研究,包括并购前进行准备工作时所面对的财务风险、并购过程中对融资风险及支付风险的控制等,为今后化工企业并购的活动提供相关的借鉴。Mergers and acquisitions(M&A)are an indispensable means for enterprises to rapidly expand their business scale and increase their competitiveness and market share.However,M&A is a highly complex strategic investment method,which hides huge risks behind the super benefits.Therefore,the prevention of financial risks of M&A is beneficial to improve the success rate of M&A.The case study of Air Chemicals'acquisition of Shell Coal Gasification Technology is used to analyze the reasonableness of the measures taken in the acquisition of Shell Coal Gasification Technology by Air Chemicals,including the financial risks faced in the preparation work before the acquisition,the control of financing risks and payment risks in the process of the acquisition,which will provide relevant reference for future M&A activities of chemical enterprises.

关 键 词：海外并购 化工企业 财务风险 财务风险防范 

分 类 号：F275[经济管理—企业管理]