Title :
Study on the Risk Prevention of the Overseas Mergers and Acquisitions of Zhejiang Scientific and Technological Enterprises
Author_Institution :
Zhejiang Gongshang Univ., Hangzhou, China
Abstract :
Under the circumstance of global financial crises, the overseas mergers and acquisitions conducted by Zhejiang scientific and technological enterprises helps them attract advanced patent technology by lawful methods, increase the technological element and competitive advantages of the products, strengthen the enterprise core competitiveness and occupy foreign market. It also helps the transfer of economic growth mode, promote the industrial structure adjustment and optimize the industrial upgrade. However, while overseas mergers and acquisitions provide Zhejiang scientific technological enterprises with a shortcut to obtain advanced technology, they might also cause enterprises to be trapped in the technological trap and cannot escape. Therefore, Zhejiang scientific and technological enterprises should highly emphasize the risk control in overseas mergers and acquisitions, and adopt measures to ensure the effectiveness of the overseas mergers and acquisitions.
Keywords :
corporate acquisitions; risk management; Zhejiang; enterprise core competitiveness; foreign market; industrial structure adjustment; industrial upgrade; of economic growth mode; overseas mergers and acquisitions; risk control; risk prevention; scientific enterprise; technological enterprise; Companies; Corporate acquisitions; Cost accounting; Cultural differences; Economics; Merging; Presses;
Conference_Titel :
Management and Service Science (MASS), 2011 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-6579-8
DOI :
10.1109/ICMSS.2011.5998373