摘要
本文借助剖析北京第一机床厂并购德国阿尔道夫.瓦德里希科堡公司的典型案例,揭示出组织信心在并购中的地位和作用,并就并购方立足提升组织信心应采取的策略提出建议。文章认为,组织信心影响并购成败;并购中存在着并购方、目标公司和出售方等的多种不同信心状态;各当事方的信心状态及其相互作用,制约着并购交易和并购整合工作的推进;并购方需要保持对并购中组织信心的敏感性,并通过利用、改变自身及其他当事方的信心来提高并购成功的概率。
This paper tries to develop a theoretical framework of organizational confidence in M＆A based on the case study of Beijing No. 1 Machine Tool acquiring Waldrich Coburg. The study offers organizational confidence as a new factor affecting the success of M＆A and finds out that there is a confidence system in M＆A which includes each participant＇s several confidence conditions. These confidence conditions affect each other and play an important role in the process of transaction and integration of a M＆A. The acquirer should leverage or adjust all the participants＇ confidence conditions to make a M＆A succeed.
出处
《中国软科学》
CSSCI
北大核心
2009年第6期138-146,共9页
China Soft Science
基金
中国企业联合会"中国式企业管理科学基础研究:组织与管理制度专题"项目
关键词
并购
组织信心
案例研究
M＆A
organizational confidencc
case study
