七匹狼并购卡尔.拉格斐财务风险分析

七匹狼并购卡尔.拉格斐财务风险分析

摘要：企业并购是在市场经济中企业扩展的有效手段，对于许多企业来说，实施并购比单纯的内部扩张更能有效地促进企业发展，在企业的并购过程中，企业的财务风险管控是整个并购过程中至关重要的一环，企业应该重视并购的每个环节，意识到并购过程中可能存在的财务风险，并采取相应的措施来减少财务风险，为企业的成功并购打下良好的基础。企业并购作为实现企业战略和发挥企业资源优势的重要手段在我国经济发展中发挥着重要的作用，我国政府和企业都要意识到促进优势企业进行并购，提升我国企业竞争能力的重要性，帮助我国企业更好地发展，提升市场经济的活力。从本文从企业并购行为中财务风险管控角度出发，阐述了企业并购的相关概念和可能存在的财务风险，以七匹狼收购卡尔.拉格斐的并购案例进行分析，剖析该并购案中财务风险的成因，并据此提出有针对性的财务风险管控措施，为企业防控并购中的财务分析提供有益的借鉴。

关键词：企业并购；财务风险；风险防控

The Seven Wolf acquired Carl. Financial risk

Analysis of Lagerfeld

Abstract: M & A is an effective means of enterprise expansion in the market economy. For many enterprises, the implementation of M & A can promote the development of enterprises more effectively than the simple internal expansion. The financial risk control of enterprises is an important part in the whole process of M & A. Enterprises should pay attention to every link of M & A, realize the financial risks that may exist in the process of M & A, and take appropriate measures to reduce the financial risks. For the successful merger and acquisition of enterprises to lay a good foundation. M & A plays an important role in the economic development of our country as an important means to realize the enterprise strategy and give play to the advantage of enterprise resources. Both the government and the enterprises should realize the importance of promoting the merger and acquisition of the superior enterprises, enhance the competitive ability of our country's enterprises, help our country's enterprises to develop better and promote the vitality of the market economy. From the angle of financial risk control in enterprise merger and acquisition, this paper expounds the related concepts and possible financial risks of enterprise merger and acquisition. Based on the analysis of Lagerfeld's case of M & A, the causes of financial risk in the merger and acquisition case are analyzed, and the corresponding financial risk control measures are put forward, which can provide useful reference for the financial analysis in the prevention and control of M & A.

Key words: M & A; Financial risk; Risk prevention and control

目录

1 绪论 (1)

1.1研究背景 (1)

1.2研究意义 (1)

1.3研究内容 (2)

1.4研究方法 (2)

2 企业并购财务风险理论概述 (3)

2.1企业并购概念及动因分析 (3)

2.2企业并购财务风险概念及成因分析 (3)

3 七匹狼并购卡尔.拉格斐的财务风险分析 (4)

3.1企业并购现状分析 (4)

3.2七匹狼并购动因分析 (5)

3.2.1七匹狼集团主营业务板块出现瓶颈 (6)

3.2.2七匹狼集团实体店面减少，线上业务抗增长 (7)

3.2.3七匹狼集团业务组合，库存压力大 (8)

3.3七匹狼集团并购的财务风险分析 (9)

3.3.1估值定价风险 (9)

3.3.2融资与支付风险 (10)

3.3.3 整合风险 (11)

4 企业并购财务风险的防控建议 (14)

4.1 建立完善的目标企业价值评估体系 (14)

4.2 采取适合并购企业自身的融资与支付方式 (14)

4.3加强并购后的财务资源整合，降低企业财务风险 (15)

5结论 (16)

参考文献 (17)