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Industrial Diversification, International Diversification and Firm Risk Relationship Research based on Chinese Firms’ Acquisition

Abstract

随着我国经济不断增长,改革开放日益深化,越来越多的企业运用多元化战略扩大发展,以跨行业、跨国际并购等方式整合资源、拓展市场。然而,近年来逐渐呈现的失败案例显示公司多元化面临着诸多风险,多元化战略与风险的关系研究是当前值得进一步探索的议题。因此,本论文从企业微观风险的角度,研究公司跨行业多元化、跨国多元化对其总风险、系统风险、特有风险的影响机制与影响程度,致力于以理论论证与实证检验,为公司风险管理、投资者决策提供建议启示。 基于前人研究,本文主要进行以下拓展:一是交叉运用行业多元化、国际多元化的类型划分,来研究我国公司多元化的风险效应;二是基于我国公司的境内并购与出境并购事件,来拓展多元化衡量...As China's economy is growing, deepening reform and opening up, more and more companies use diversification strategy to expand, using industry diversification and international acquisitions and other means to integrate resources, expanding market. However, many recent failures show diversified company faces enormous risks, thus reasearch the relationship between diversification strategy and risk i...学位:国际商务硕士院系专业:经济学院_国际商务硕士学号:1572013115199

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