近来,在全球企业并购交易大幅萎缩之际,中国企业的并购活动却日渐频繁。据波士顿公司估测,中国企业的并购额在过去5年里以每年70％的速度增长。 然而,并购活动蕴含着极高的风险。有些企业只在并购谈判上倾注全力,而忽视并购后期的资源整合与专业管理,最终导致并购策略的失败。这样的事例无论是国内还是国外都有很多。 实际上,大多数企业缺乏缜密的整合计划。1989年,日本 Recently, mergers and acquisitions (M & A) activities of Chinese companies have become increasingly frequent as global M & A transactions have shrunk dramatically. According to Boston estimates, the M & A volume of Chinese companies has increased by 70% annually over the past five years. However, M & A activity carries a very high risk. Some companies only devoted their efforts to mergers and acquisitions negotiations, while ignoring the latter part of the integration of resources and professional management, eventually leading to the failure of M & A strategy. There are many such cases both at home and abroad. In fact, most businesses lack a rigorous consolidation plan. 1989, Japan