乳业企业海外并购的财务风险研究基于光明集团并购以色列Tnuva案例摘要在世界经济飞速发展和一体化进程加快的背景下,选择海外并购的中国企业逐渐增加。进行海外并购可以帮助企业开拓海外市场、学习领先技术、缩减成本、丰富产品结构等,从而成为公司发展和成长的关键节点以及做大做强的重要途径。经过三十多年的发展,海外华人公司取得了骄人的成绩。但是企业往往会忽视海外并购风险的存在,最大风险是财务风险。如果不采取适当的防控措施,并购将受到影响导致并购失败。因此,本文介绍了光明集团并购以色列Tnuva案例,进一步研究海外并购中的财务风险和防控措施,为乳业企业今后海外并购提供一定参考。关键词:光明集团;海外并购;财务风险;防控措施第1页共22页┊┊┊┊┊┊┊┊┊┊┊┊┊装┊┊┊┊┊订┊┊┊┊┊线┊┊┊┊┊┊┊┊┊┊┊┊┊ResearchontheFinancialRiskofOverseasMergersandAcquisitionsofDairyEnterprisesbasedonthecaseofBrightFood(group)'sacquisitionofIsraelTnuvaABSTRACTInthecontextofrapiddevelopmentoftheglobaleconomyandaccelerationoftheintegrationprocess,moreandmoreChinesecompaniesarechoosingoverseasmergersandacquisitions.OverseasM&Acanhelpcompaniesexploreoverseasmarkets,learnleadingtechnologies,reducecosts,enrichproductstructures,etc.,thusbecomingamajornodeforcompanydevelopmentandgrowthandanimportantwaytobecomebiggerandstronger.Afterover30yearsofdevelopment,overseasChinesecompanieshaveachievedgoodresults.However,companiesoftenignoretheexistenceofrisksinoverseasM&A.Thebiggestriskisfinancialrisk.Ifproperpreventionandcontrolmeasuresarenottaken,themergerwillbeaffectedandthemergerwillfail.Therefore,thisarticlepresentsthecaseofBrightGroup'sacquisitionofTnuvainIsrael,alsoexaminesthefinancialrisksandpreventionandcontrolmeasuresinoverseasmergersandacquisitions,andprovidesacertainreferenceforfutureoverseasM&Aofdairycompanies.KeyWords:BrightFood(group);Overseasmergersandacquisitions;Thefinancialrisks;Preventionandcontrolmeasures目录第1章绪论........................................................................51.1研究背景......................................................................................................................................51.2研究意义......................................................................................................................................5第2页共22页┊┊┊┊┊┊┊┊┊┊┊┊┊装┊┊┊┊┊订┊┊┊┊┊线┊┊┊┊┊┊┊┊┊┊┊┊┊1.2.1理论意义...............................................................................................................................51.2.2现实意义...............................................................................................................................61.3国内外研究现状..........................................................................................................................61.3.1国外研究现状.......................................................................................................................61.3.2国内研究现状.......................................................................................................................61.3.3文献评述...............................................................................................................................71.4研究内容与框架..........................................................................................................................71.5研究方法.......................................................................