论并购企业的财务决策

在并购企业兼并收购中,财务决策的科学性十分重要,它可使企业避免并购风险,实现成功并购战略。本文在对并购协同效应概念界定的基础上,运用了两种企业价值评估模型对企业并购的协同效应进行了定量分析,并探讨了企业并购决策时应考虑的支付方式问题。

A Discussion on Financial Decisions of Enterprise in Merger and Acquisition

In the activities of mergers and acquisitions,the scientific financial decision is very important,which can help the enterprise avoid high risk and be successful in this stratagem. Based on the concept of synergy,this article uses two enterprise valuation models for the synergy's quantitative analysis,and elaborates the way of payment in mergers and acquisitions.