摘 要
企业并购作为优化资源配置、实现规模经济的重要途径，在现代经济发展中扮演着关键角色。然而，并购过程中的尽职调查环节存在诸多问题，直接影响并购的成功率和后续整合效果。本研究旨在深入剖析企业并购前尽职调查存在的主要问题并提出针对性对策。通过对国内外相关文献的系统梳理，结合实际案例分析与问卷调查，发现当前尽职调查面临信息不对称、评估标准不统一、专业人才匮乏等挑战。研究结果表明，完善的信息披露机制、科学合理的评估体系以及高素质的专业团队是确保尽职调查质量的关键因素。创新之处在于构建了涵盖财务、法律、市场、技术等多维度的综合评价框架，为企业开展尽职调查提供系统性指导。同时，强调信息技术的应用，如大数据分析、区块链技术等，以提高尽职调查的效率和准确性。本研究不仅为理论界丰富了并购领域的研究成果，更为实务界提供了切实可行的操作指南，有助于提升我国企业在并购活动中的决策水平和风险管理能力，促进资本市场的健康发展。
关键词：企业并购 尽职调查 信息披露
Abstract
Corporate mergers and acquisitions (M), as a critical means of optimizing resource allocation and achieving economies of scale, play a pivotal role in modern economic development. However, the due diligence process during M frequently encounters numerous challenges that significantly impact the success rate and subsequent integration effectiveness of these transactions. This study aims to thoroughly examine the primary issues present in pre-M due diligence and propose targeted solutions. By systematically reviewing relevant domestic and international literature, complemented with case studies and survey analysis, it is found that current due diligence faces challenges such as information asymmetry, lack of standardized evaluation criteria, and a shortage of professional talent. The research findings indicate that a robust disclosure mechanism, a scientifically sound evaluation system, and a high-caliber professional team are crucial factors for ensuring the quality of due diligence. An innovative aspect of this study lies in the construction of a comprehensive evaluation fr amework encompassing multiple dimensions such as finance, law, market, and technology, providing systematic guidance for companies conducting due diligence. Additionally, the study emphasizes the application of information technology, including big data analysis and blockchain technology, to enhance the efficiency and accuracy of due diligence. This research not only enriches theoretical contributions in the field of M but also offers practical operational guidelines for practitioners, thereby improving decision-making levels and risk management capabilities in M activities and promoting the healthy development of capital markets.
Keyword:Corporate Merger And Acquisition Due Diligence Information Disclosure
目 录
引言 1
1尽职调查的理论基础与框架 1
1.1尽职调查的概念界定 1
1.2尽职调查的主要内容 2
1.3尽职调查的流程分析 2
2尽职调查中的常见问题 3
2.1信息不对称问题 3
2.2法律合规风险 3
2.3财务数据真实性 4
3尽职调查的风险评估方法 4
3.1风险识别技术 4
3.2风险量化分析 5
3.3风险应对策略 5
4完善尽职调查的对策建议 6
4.1提升专业能力 6
4.2强化法律保障 6
4.3建立监督机制 7
结论 7
参考文献 9
致谢 10
