摘 要
随着经济全球化和市场竞争加剧，并购重组已成为企业实现规模扩张、资源整合与战略转型的重要手段，但其伴随的财务风险亦对企业的可持续发展构成重大挑战。本研究以并购重组中的财务风险防范与控制为核心，旨在探讨如何通过科学的管理机制降低潜在风险并提升决策效率。研究基于财务风险管理理论与案例分析方法，选取了近年来具有代表性的并购重组案例，深入剖析了财务风险的成因及其传导机制，并构建了一套系统化的风险评估与控制框架。研究发现，财务风险主要源于信息不对称、估值偏差、融资结构失衡及整合能力不足等问题，而有效的风险控制需要从前期尽职调查、合理定价、优化融资方案及动态监控等方面综合施策。
关键词：财务风险 并购重组 风险控制
Abstract
As economic globalization and market competition intensify, mergers and acquisitions have become an essential means for companies to achieve scale expansion, resource integration, and strategic transformation. However, the financial risks associated with these activities also pose significant challenges to corporate sustainability. This study focuses on the prevention and control of financial risks in M&A, aiming to explore how scientific management mechanisms can reduce potential risks and enhance decision-making efficiency. Based on financial risk management theory and case analysis methods, the study selects representative M&A cases from recent years, delving into the causes and transmission mechanisms of financial risks, and constructs a systematic fr amework for risk assessment and control. The findings indicate that financial risks primarily stem from issues such as information asymmetry, valuation discrepancies, imbalanced financing structures, and insufficient integration capabilities. Effective risk control requires a comprehensive approach, including thorough due diligence, reasonable pricing, optimized financing plans, and dynamic monitoring.
Keyword:Financial Risk M Restructuring Risk Control
目 录
1绪论 1
1.1并购重组财务风险研究背景与意义 1
1.2国内外并购重组财务风险研究现状 1
1.3本文研究方法与创新点分析 2
2并购重组中的财务风险识别 2
2.1财务风险的定义与分类 2
2.2并购重组中常见财务风险类型 3
2.3财务风险识别的关键指标体系 3
2.4数据驱动的财务风险识别方法 3
2.5案例分析：典型并购中的财务风险识别 4
3并购重组中的财务风险防范策略 4
3.1防范财务风险的基本原则 4
3.2并购前的财务尽职调查流程优化 5
3.3并购定价中的财务风险控制机制 5
3.4融资结构设计对财务风险的影响 6
3.5建立动态财务风险预警系统 6
4并购重组中的财务风险控制实践 7
4.1财务整合在风险控制中的作用 7
4.2并购后现金流管理的优化路径 7
4.3税务筹划对财务风险的缓解效应 7
4.4跨国并购中的汇率风险管理策略 8
4.5实证研究：成功案例的风险控制经验 8
结论 9
参考文献 10
致谢 11
