外资并购我国企业的研究及案例分析

《外资并购我国企业的研究及案例分析》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。

1、西南交通大学硕士研究生学位论文第1I页购的健康发展，并提出对策和建议。为说明我国外资并购现存的问题和解决的思路，本文从理论联系实际的原则出发，着重研究了一个具有代表性的外资并购案例：外资并购我国上市公司第一案——三星康宁收购赛格三星案。关键词：外资并购国内企业案例分析西南交通大学硕士研究生学位论文第1II页ABSTRACTTheForeignDirectInvestment(FDI)havetwostyles：OneisEstablishing—Investment，ornamed“Green—fieldInvestment”，theotheriS

2、“Cross—borderg&AInvestment”．itmeansM&Abetweendomesticcompaniesandforeigncompanies．ThisPapermadeastudyoftheforeigncapital腿AChineseenterprises．Maincontents：thetheoryoftheforeigncapital凇溘．thepracticeoftheforeigncapital搬AinChinaandtheresearchofrelative础诅cases．Cross—borderMergerand

3、Cross—borderAcquisitionweren锄edforshort“Cross—borderM＆A”generalLy．Itmeansthattheforeigncompanyboughtallassetsorapartofsharesofthehostcountry’Scompanybyapatternofmanagementwayforoperationauthorityofthehostcountry’Scompany．TheforeigncapitalmergesamdacquiresChineseenterprisesinor

4、dertocontroldomesticcompanyandgetthesurplusvalueandweintroducetheforeigncapital础LAintoChinainordertoimplementthepurposeofdomesticeconomy’smacro—topoiigyadjustmentandreformtheoldownershipsystemofstateenterprises．Butfortheuncompletedpolieies，laws，superviserules，theleft—behindmed

5、iainstitutions，naivesecuritiesmarketofChina，thebigdifferencebetweensecondarystockmarketpriceandbookvalueofthecorporationsandthedefectof嫩Atargetnow。itisveryhardtowidelyproposetheforeigncapitalM＆Aandtherearesomeproblemstocarryoutitconcretely．ThiSthesiSconcentratesonthemainideath

6、atforeigncapital西南交通大学硕士研究生学位论文第Ⅳ页mergesandacquiresChineseenterprisesandputemphasisODthechiefbattlefrontoftheforeigncapitalM＆A一一theforeigncapitalmerges＆acquiresChinesepublicofferingcompaniesincombinationwiththepresentsituation，trend，policies，lawsandextantproblemsofforeigncapit

7、al~l＆A．Theaimofthispaperisstudyingandseekingthejunctionbetweenforeigncapital嫩AandChinesenterprises’developmentandfindingadevelopmentwayforourenterprises，especiallyforChinesepublicofferingcompaniesatpresentstage．Weexpectthatthepapercouldcontributetothesounddevelopmentofforeignc

8、apitalM＆AinChina．Thethesiswasderidedintofiveparts．beginningwi