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跨国并购是实现企业自身发展的重要途径。自1986年至今,我国企业跨国并购经历了三次高潮,取得了很大的成绩。但是我国企业在跨国并购中也还存在许多问题,表现为企业方面:并购前缺乏明确的战略规划,并购准备不够充分;并购时过于关注收购价格,目标企业选择不当;并购后整合能力欠缺以及缺乏高素质的并购人才等;政府方面表现为:对企业跨国并购的审批过于僵化、管理过严,在企业并购融资服务、法律规范、信息服务、中介服务等方面政策支持力度还不够。为促进我国企业跨国并购的快速发展,必须解决以上问题,这需要企业和政府的共同努力。
Cross-border M & A is an important way to realize their own development. Since 1986, the cross-border mergers and acquisitions of Chinese enterprises have experienced three climaxes and great achievements have been made. However, there are still many problems in cross-border mergers and acquisitions (M & A) in China. There is a lack of a clear strategic plan before mergers and acquisitions and insufficient preparation for mergers and acquisitions. M & A has paid too much attention to the purchase price and the target companies have not properly chosen. High-quality mergers and acquisitions, etc .; the government performance: the cross-border mergers and acquisitions enterprise approval too rigid, too strict management, corporate finance and M & A services, legal norms, information services, intermediary services, policy support is not enough. In order to promote the rapid development of cross-border M & A of Chinese enterprises, we must solve the above problems, which requires the joint efforts of enterprises and the government.