企业并购中财务风险识别与控制研究—以浙江华策影视股份有限公司为例.docxVIP

PAGE PAGE 1 企业并购中财务风险识别与控制研究 ——以浙江华策影视股份有限公司为例 摘 要：随着国内企业的逐渐崛起，并购成为企业经常采用的扩张手段。而在并购过程中通常会伴随着诸如定价、融资、支付和财务整合等多类风险，如果对各个环节的风险处理不当，则会导致企业在并购过程受阻，甚至导致企业并购的失败，因此对企业并购方面的财务风险加以研究具有紧迫性。通过分析并购过程中存在的财务风险，以及产生财务风险的原因，对应的提出相关降低风险的方案。企业在并购的过程中，对目标企业的财务能力和实际运行状况等进行全面细致的调查，选择合理的价值评估方法、融资方式和资金支付方式，并且研究相应策略来规避和控制其中存在的各种风险，保证企业并购工作顺利开展，实现企业的效益最大化。 关键词：企业并购；财务风险；财务风险分析 Research on Financial Risk Identification and Control in Enterprise M A.——Take Zhejiang Huatze Film and Television Co., Ltd as an example. Abstract: With the gradual rise of domestic enterprises, mergers and acquisitions are often adopted by enterprises to expand. However, many kinds of risks such as pricing, financing, payment and financial integration are usually associated with the merger and acquisition process. If the risks in each link are not properly handled, the enterprise will be blocked in the merger and acquisition process, or even lead to the failure of the enterprise merger and acquisition. Therefore, it is urgent to study the financial risks of the enterprise merger and acquisition. Through the analysis of the financial risks in the process of merger and acquisition, and the causes of the financial risks, the corresponding proposal to reduce the risks. Enterprise in the process of mergers and acquisitions, financial ability and actual operation state of the target enterprise and so on to conduct a comprehensive and detailed investigation, choose reasonable value evaluation method, financing and payment of funds, and the corresponding strategies to evade and control the risks that exist, ensure smoothly mergers and acquisitions, and maximize the benefit of the enterprise. Keywords:Merger and acquisition;Financial risk; Financial risk analysis PAGE 7 引言 在我国现行经济政策下，企业面临着适用经济的的高速发展继续生存壮大的问题，对于企业来说，资金就是赖以生存的氧气，企业的创办目的就是为了实现收益。目前，企业的发展模式发生了最大的改变，许多企业都不再走传统企业发展的方向，而是选择另一种新的发展方式企业并购，实现两个企业的统一结合，优势互补，合并企业具备更多的优势领域，企业竞争力更高，更容易在现行体制下生存。企业在并购过程中通常会伴随着诸如定价、融资、支付和财务整合等多类风险，如果对各个环节的风险处理不当，则会导致企业在并购过程受阻，更甚至导致